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.
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