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CoinDesk·3 min read·medium

Canton Network developer raises $355 million to bring Wall Street onchain

K
Krisztian Sandor
Canton Network developer raises $355 million to bring Wall Street onchain
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Digital Asset, the developer of the Canton Network, has raised $355 million in a funding round led by a16z crypto to advance blockchain infrastructure for institutional finance. The investment reflects growing interest from major banks in regulated, on-chain capital markets.

Why it matters

This significant capital injection signals a major push by traditional financial institutions to integrate blockchain technology into regulated global trading systems.

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Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Canton Network developer raises $355 million to bring Wall Street onchain The investment comes as blockchains designed for big banks and institutions are having a moment, with Stripe s Tempo and Circle s Arc raising hundreds of millions of dollars. By Krisztian Sandor | Edited by Sheldon Reback Updated Jun 11, 2026, 2:17 p.m. Published Jun 11, 2026, 1:50 p.m. 2 min read Make preferred on Digital Asset co-founder and CEO Yuval Rooz (Digital Asset) What to know : Digital Asset, the developer of the Canton Network blockchain, said it raised $355 million in a funding round led by a16z crypto. Global institutions including ABN Amro, Apollo Funds, BNP Paribas, Citadel Securities, HSBC, SBI Group and the Abu Dhabi Investment Authority joined the round. The funding underscores the growing interest from traditional finance in blockchain infrastructure tailored to regulated markets and institutions. Digital Asset, the development firm behind the Canton Network (CC) blockchain used by major banks and trading firms, said Thursday it closed a $355 million fundraising round to back its efforts to bring capital markets onchain.

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The article reports on a business funding event using standard financial journalism practices.

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