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Canton Network Seeks $300M, A16z in Talks
Description
Digital Asset Holdings, the creators of the Canton Network blockchain, are seeking $300 million in funding at a $2 billion valuation, with talks underway with big-name investors like a16z crypto arm and FT Partners. Following a $50 million strategic boost in late 2025, the round could close in the coming weeks. Canton Network focuses on privacy-centric blockchain technology for tokenized assets, recently facilitating the first cross-border intraday repo deal using tokenized UK gilts. a16z, having raised $2.2 billion for their latest crypto fund, may join the investment, potentially boosting their crypto war chest to nearly $10 billion across five funds. Stay tuned for developments in blockchains major league push.
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