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\u2019s main crypto fund.<\/p>\n
The US-based privately held venture capital firm, founded by Marc Andreessen and Ben Horowitz, contributed $100 million. Other notable names that participated<\/a> in the funding round include heavyweights like Citadel Securities, Apollo, BNP Paribas, CME Ventures, Coinbase Ventures, and HSBC.<\/p>\n Digital Asset Holding built the Canton Network, a layer-1 smart-contract blockchain with configurable privacy and controls. It aims to become a household name in the rapidly growing sectors of Real-World Assets (RWA)<\/a> and TradFi institutions.<\/p>\n It uses a two-tier consensus mechanism that allows unlimited horizontal scalability of the network. It also maintains full smart contract interoperability.<\/p>\n According to reports, the Canton Network has already supported $6 trillion in tokenized issuance, while the proceeds from the latest funding round will be channeled toward partnerships, M&A, and ecosystem expansion.<\/p>\n It\u2019s worth noting that this is the second major funding round closed by Digital Asset Holdings. In the previous round, announced<\/a> a month ago, the entity raised $300 million at a near-$2 billion valuation, and a16z was once again at the forefront.<\/p>\n In 2025, it raised $50 million from major backers such as Nasdaq and Bank of New York Mellon.<\/p>\n The post Digital Asset Holdings Secures Another $355 Million in Funding Round Led by a16z<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" 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\u2019s 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 […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-178740","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/178740"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=178740"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/178740\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=178740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=178740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=178740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}