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07/22/2026

Canton Network Developer Digital Asset Raises $10 Million at $2 Billion Valuation

What happened: Digital Asset, the developer behind Canton Network, has secured an additional $10 million in funding from Shinhan Financial Group and SC Ventures.

Canton Network Developer Digital Asset Raises $10 Million at $2 Billion Valuation

What happened: Digital Asset, the developer behind Canton Network, has secured an additional $10 million in funding from Shinhan Financial Group and SC Ventures. The company maintains its $2 billion equity valuation with this latest round.

Why it matters: The continued investment at a steady valuation suggests sustained institutional interest in blockchain infrastructure, despite broader market volatility. The involvement of major financial players underscores the perceived strategic value of enterprise blockchain solutions.

Source: The Block