Key Takeaways
- • Digital Asset closed a $355 million Series F funding round on June 11, 2026, led by a16z crypto, exceeding the initial $300 million target and valuing the company at $2 billion.
- • The Canton Network has secured backing from a coalition of 13+ major institutions spanning traditional finance, investment banking, and crypto, including Abu Dhabi Investment Authority, Citadel Securities, CME Ventures, BNP Paribas, HSBC, and Coinbase Ventures.
- • Canton is architected to enable regulated financial institutions to issue and trade tokenized real-world assets (RWAs)—bonds, loans, equities, and commodities—on a shared ledger while maintaining privacy, compliance, and institutional operational controls.
- • The network has accumulated over 700 ecosystem participants since its public launch nearly two years ago and is currently processing approximately $8 trillion monthly in repo transactions, demonstrating institutional adoption at scale.
- • Digital Asset has now raised approximately $845 million in total funding ($490 million prior to this round), positioning Canton as core infrastructure for the institutional tokenization of capital markets.
Summary
Digital Asset, the developer of the Canton Network blockchain, closed a $355 million Series F funding round on June 11, 2026, surpassing an earlier $300 million target at a $2 billion valuation. The round was led by a16z crypto, the cryptocurrency investment division of Andreessen Horowitz, signaling sustained venture capital confidence in blockchain infrastructure for institutional finance.
The investor syndicate reflects broad institutional appetite for tokenized asset infrastructure. Participants include the Abu Dhabi Investment Authority (through a wholly owned subsidiary), Citadel Securities, CME Ventures, S&P Global, Apollo Funds, BNP Paribas, HSBC, ABN Amro, SBI Group, Hanwha Investment & Securities, William Blair, and Coinbase Ventures. This diverse coalition—spanning sovereign wealth, traditional banking, investment banking, and digital asset platforms—underscores convergence between legacy financial institutions and blockchain infrastructure developers.
Canton is designed as a "network of networks" that combines public blockchain features with safeguards required by regulated financial institutions. The platform enables the issuance and trading of tokenized real-world assets including bonds, loans, equities, and commodities on a shared ledger while preserving privacy, compliance requirements, and institutional control over proprietary systems. According to Digital Asset co-founder and CEO Yuval Rooz, capital markets infrastructure must embed privacy, compliance, scale, and interoperability from inception—a thesis Canton operationalizes for institutional participants.
Adoption metrics support the capital raise. The network has accumulated more than 700 ecosystem participants since its public launch approximately two years ago and is currently processing roughly $8 trillion monthly in repo transactions. This operational volume demonstrates meaningful institutional deployment beyond proof-of-concept. Digital Asset's total funding now reaches approximately $845 million, positioning Canton as a critical infrastructure layer for the institutional tokenization of capital markets.
The funding round reflects a maturing market for blockchain-based settlement and asset issuance infrastructure, with traditional finance and crypto-native investors converging on platforms that bridge regulatory requirements with distributed ledger capability.
The investor syndicate reflects broad institutional appetite for tokenized asset infrastructure. Participants include the Abu Dhabi Investment Authority (through a wholly owned subsidiary), Citadel Securities, CME Ventures, S&P Global, Apollo Funds, BNP Paribas, HSBC, ABN Amro, SBI Group, Hanwha Investment & Securities, William Blair, and Coinbase Ventures. This diverse coalition—spanning sovereign wealth, traditional banking, investment banking, and digital asset platforms—underscores convergence between legacy financial institutions and blockchain infrastructure developers.
Canton is designed as a "network of networks" that combines public blockchain features with safeguards required by regulated financial institutions. The platform enables the issuance and trading of tokenized real-world assets including bonds, loans, equities, and commodities on a shared ledger while preserving privacy, compliance requirements, and institutional control over proprietary systems. According to Digital Asset co-founder and CEO Yuval Rooz, capital markets infrastructure must embed privacy, compliance, scale, and interoperability from inception—a thesis Canton operationalizes for institutional participants.
Adoption metrics support the capital raise. The network has accumulated more than 700 ecosystem participants since its public launch approximately two years ago and is currently processing roughly $8 trillion monthly in repo transactions. This operational volume demonstrates meaningful institutional deployment beyond proof-of-concept. Digital Asset's total funding now reaches approximately $845 million, positioning Canton as a critical infrastructure layer for the institutional tokenization of capital markets.
The funding round reflects a maturing market for blockchain-based settlement and asset issuance infrastructure, with traditional finance and crypto-native investors converging on platforms that bridge regulatory requirements with distributed ledger capability.
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