Institutional Giants Back $355M Canton Network Round as DTCC Treasury Deal Nears

Digital Asset, the creator of the Canton Network, has secured $355 million in a new equity funding round. This investment was led by Andreessen Horowitz’s A16z Crypto fund, which provided $100 million. The round featured a highly concentrated group of institutional capital, including Wall Street giants and a sovereign wealth fund. This financial backing occurs as a DTCC Treasury deal nears, strengthening the blockchain infrastructure play supported by these major global institutional investors.