Canton developer Digital Asset raises additional $10 million at same $2 billion equity valuation

Digital Asset, the developer behind the Canton Network, has secured an additional $10 million in funding, bringing its total raised in the current round to $365 million. This new capital comes from Shinhan Financial Group and SC Ventures, maintaining the company's $2 billion valuation. This latest funding round underscores the growing confidence in the blockchain sector, particularly in projects aiming to enhance decentralized finance (DeFi) infrastructure. With these funds, Digital Asset can further develop its platform and expand its reach in the rapidly evolving blockchain market.