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Digital Asset Raises Additional $10 Million for Canton Network Round

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2026-07-22 00:04:12
Digital Asset, the developer of the Canton blockchain network, has raised an additional $10 million from Shinhan Financial Group of South Korea and SC Ventures, which is backed by Standard Chartered. According to PANews, the latest round has increased from $355 million to $365 million and remains priced at a $2 billion equity valuation.

Digital Asset said Canton Network is a public Layer 1 blockchain for regulated financial institutions. It allows institutions to manage assets and financial workflows on-chain while maintaining compliance and privacy controls.
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