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a16z crypto backs Canton as institutional adoption faces privacy final hurdle
Jun 12, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan
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AI Overview
Andreessen Horowitz's crypto arm a16z crypto has invested $100 million in Digital Asset, the creator of the Canton blockchain, betting that privacy technology will unlock the next wave of institutional adoption. The deal highlights a shift toward privacy-enabled enterprise blockchain infrastructure and is likely to accelerate fundraising, institutional integrations and adoption across crypto, DeFi and enterprise settlement.
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Andreessen Horowitz’s crypto arm, a16z crypto, has invested $100 million in Digital Asset, the company behind the Canton blockchain. The venture capital fund is betting that privacy technology will unlock the next wave of institutional adoption, and it adds to the growing consensus that transparent ledgers, long a selling point for public blockchains, are now...
