Digital Asset Holdings Secures Another $355 Million in Funding Round Led by a16z
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Digital Asset Holdings, the firm behind the Canton Network, raised $355 million in a new funding round led by Andreessen Horowitz’s main crypto fund, with a16z committing $100 million and participation from Citadel Securities, Apollo, BNP Paribas, CME Ventures, Coinbase Ventures and HSBC. The large institutional fundraising signals stronger enterprise adoption and institutional backing for the protocol, improving prospects for crypto market infrastructure, DeFi and exchange integrations.
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Digital Asset Holdings LLC, best known as the entity behind the Canton Network, has raised another $355 million in a new funding round led by Andreessen Horowitz’s main crypto fund.
The US-based privately held venture capital firm, founded by Marc Andreessen and Ben Horowitz, contributed $100 million. Other notable names that participated in the funding round include heavyweights like Citadel Securities, Apollo, BNP Paribas, CME Ventures, Coinbase Ventures, and HSBC.
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