Canton Network Developer Digital Asset Seeks $300M Raise at $2B Valuation, Attracting Visa and Goldman Sachs
Canton Network Developer Digital Asset Seeks $300M Raise at $2B Valuation, Attracting Visa and Goldman Sachs
Digital Asset, the company behind the Canton Network, is reportedly pursuing a $300 million funding round that would value it at $2 billion. Led by a16z crypto, this would mark Digital Asset's largest raise to date, buoyed by the Canton Network's success in attracting major partners like Visa and Goldman Sachs.
Canton Network Developer Digital Asset Aims for $300M Raise, Eyes $2B Valuation
Digital Asset, the company spearheading the development of the Canton Network, is reportedly seeking to raise $300 million. This significant fundraise, if successful, would value the company at $2 billion and is rumored to be led by prominent venture capital firm a16z crypto, according to Bloomberg reports. This potential investment would be the largest in Digital Asset's history, underscoring growing confidence in the Canton Network's promise. The network has already garnered substantial attention and secured high-profile partnerships with global financial giants such as Visa and Goldman Sachs, further solidifying its position in the enterprise blockchain landscape.