Canton Network Owner Seeks $2 Billion Valuation With New Funding

Blockchain developer Digital Asset Holdings is reportedly wrapping a funding round that could value it at $2 billion. The financing is expected to bring in around $300 million, Bloomberg News reported Monday (May 11), citing sources with knowledge of the matter. These sources say the round is being headed by Andreessen Horowitz’s 16z crypto, the industry’s largest venture backer.