Digital Asset Holdings is negotiating a capital raise that values the developer of enterprise-grade blockchain Canton Networks at approximately $2bn, Bloomberg reported.
Digital Asset Eyes $2bn Valuation in a16z-Led Financing Round: Bloomberg
11 May 2026 - 04:50 CEST
The round is led by Andreesen Horowitz’s a16z crypto, and is around $300mn, the media outlet said, citing people with knowledge of the matter. The financing could close in the coming weeks.
The Canton Network is designed to let institutions issue and trade financial instruments, including tokenized real-world assets (RWA), and the framework has processed or issued over $6tn in tokenized assets.
Canton Networks counts Goldman Sachs, BNP Paribas, and Visa as among its users, allowing them to synchronize and trade tokenized assets instantly while preserving compliant financial confidentiality.
Digital Asset is also looking abroad, signing up with Japan’s Mizuho Financial Group, Nomura Holdings, Japan Securities Clearing Corporation to test whether Japanese government bonds (JGBs) can be moved and pledged in real time across borders on the Canton Network.
