Key Takeaways:
A16z crypto leads a ~$300 million round at Digital Asset Holdings, valuing the company at ~$2 billion, per Bloomberg.Canton Network has processed over $6 trillion in tokenized assets, drawing Visa, DTCC, and Goldman Sachs as institutional validators.Digital Asset plans to use fresh capital to scale the Canton Network ecosystem as the RWA tokenization sector accelerates into 2026.Digital Asset’s prior major raises include a roughly $135 million strategic round in June 2025 led by DRW Venture Capital and Tradeweb Markets, with participation from Goldman Sachs, Citadel Securities, DTCC, and BNP Paribas, followed by a roughly $50 million extension in December 2025 from BNY Mellon, Nasdaq, S&P Global, and iCapital.
Fresh capital would let Digital Asset scale developer tools, add subnets, expand ecosystem onboarding, and push further into cross-border pilots and global collateral network applications. The company remains privately held.
The round is not finalized. Additional details are expected in the coming weeks.
