Digital Asset raises $355 million from a16z, boosting Wall Street blockchain

- Digital Asset successfully raised $355 million in a funding round led by a16z, valuing the company at $2 billion.
- This investment expands the funding chain from Wall Street financial institutions, as banks ramp up testing on the Canton Network blockchain.
- The Canton Network is a blockchain platform focused on enterprise financial applications, aiming to modernize the infrastructure of traditional capital markets.

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Source: CoinTelegraph