Additional $10M from Shinhan and SC Ventures lifts Digital Asset's round to $365M while keeping a $2B valuation. Canton incentives and builder funds come into focus.
Digital Asset has expanded its latest funding round to $365 million after securing an additional $10 million investment from Shinhan Financial Group and Standard Chartered's SC Ventures, strengthening institutional backing for its Canton blockchain network.
The leading securities custodian credited with managing over $114 trillion in securities, Depository Trust & Clearing Corporation (DTCC) has taken the first formal steps in its tokenization arc as the firm completed the conversion of stocks, ETFs and Treasuries into digital tokens on the Canton Network and its in-house Hyperledger Besu.