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Canton Network Developer Digital Asset Raises $355 Million Led by a16z Crypto to Bring Wall Street Onchain

Canton Network Developer Digital Asset Raises $355 Million Led by a16z Crypto to Bring Wall Street Onchain

Digital Asset, the developer of the Canton Network, raised $355 million led by a16z crypto, with ABN Amro, Apollo Funds, BNP Paribas, Citadel Securities, HSBC, and the Abu Dhabi Investment Authority joining, to expand Canton as onchain infrastructure for capital markets.

Posted June 12, 2026 at 4:56 am EST.

Digital Asset, the developer of the Canton Network, raised $355 million in a funding round led by a16z crypto, the company announced Thursday. The financing will support the next phase of growth as more institutions bring assets, applications, and regulated workflows onto Canton.

The round drew a roster of major…

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