Digital Asset raises $355 million to expand blockchain network

On June 11, 2026, the New York-based firm Digital Asset made waves in the fintech world by securing $355 million in a massive funding round.

Led by a16z crypto, which contributed $100 million, this investment has pushed the company's valuation to an impressive $2 billion.

Unlike general-purpose blockchains, the Canton Network is designed to help institutions trade and synchronize assets—like bonds and tokenized deposits—while maintaining strict privacy and regulatory compliance.

With over 700 participants already on board, the network is becoming a vital hub for modern finance, supporting complex workflows such as asset tokenization and settlement.