Canton Network developer seeks to raise $300 million at approximately $2 billion valuation

Odaily Planet Daily News: Digital Asset (the developer of Canton Network) is reportedly raising approximately $300 million in funding at a valuation of around $2 billion, led by Andreessen Horowitz's a16z crypto.

This funding round is expected to close within the coming weeks and will be the company's largest to date. Canton Network has attracted participation from institutions including Visa, Goldman Sachs, and DTCC.

The network focuses on a privacy-configurable public chain for institutions and has already processed or issued over $6 trillion in tokenized assets.