Digital Asset Raises $355M in a16z-Led Round at $2B Valuation

Digital Asset raised $355 million in a funding round led by Andreessen Horowitz (a16z) at a $2 billion valuation, the company announced Jun 11, 2026. The investment extends a Wall Street-backed funding run as banks ramp up pilots on Digital Asset's Canton Network blockchain. The round reflects continued institutional interest in blockchain infrastructure tailored for traditional finance.

FAQ

What did Digital Asset announce on Jun 11, 2026?
Digital Asset announced a $355 million funding round led by a16z at a $2 billion valuation.

Why are banks ramping up pilots on Canton Network?
Banks are increasing pilots on Digital Asset's Canton Network blockchain as part of a broader Wall Street-backed push to adopt blockchain infrastructure for traditional finance.