Digital Asset is raising $300 million in funding, with a valuation of approximately $2 billion

Digital Asset (Canton Network developer) is raising approximately $300 million in funding, valued at around $2 billion, led by Andreessen Horowitz's a16z crypto. The financing is expected to be completed within a few weeks and will be the company's largest round to date. Canton Network has attracted participation from institutions such as Visa, Goldman Sachs, and DTCC, and has processed or issued over $6 trillion in tokenized assets.