A new exchange-traded fund is giving U.S. investors their first direct, regulated gateway to Canton Coin (CC), a move that researchers say could broaden market access to an emerging category: ‘institutional-grade blockchain' infrastructure. In a recent report, Kaiko Research said 21Shares has launched the Canton Network ETF (TCAN), structured to provide direct exposure to CC, the native utility token of the Canton Network.
Digital Asset Holdings, the New York-based company behind the Canton Network, is in advanced talks to raise roughly $300 million at a valuation of approximately $2 billion, with Andreessen Horowitz's A16z crypto leading the round.
Sources familiar with the matter told Bloomberg the fundraiser is expected to close in the coming weeks and the final amount might vary.
Digital Asset Holdings, the organization operating the Canton Network, is currently negotiating to secure approximately $300 million in funding with a valuation hovering around $2 billion. According to Bloomberg's sources with knowledge of the discussions, a16z crypto is spearheading this investment round.
Digital Asset is reportedly raising $300M at a $2B valuation as a16z crypto leads a round tied to Canton Network's institutional growth now.
21Shares launched TCAN, the first U.S. ETF tied to Canton Coin, as institutional blockchain access expands through regulated products today.
Swiss digital asset bank AMINA has introduced regulated custody and trading capabilities for Canton Coin throughout its institutional banking infrastructure. This strategic expansion reinforces AMINA's standing in blockchain-based financial services and tokenized asset solutions.
Swiss crypto bank AMINA has become the first FINMA-regulated lender to offer custody and trading support for Canton Coin.
Digital Asset's Canton Network rolled out features that let big players in crypto set their own defenses. Institutions can now build guardrails tailored to their exact needs.
Because Canton allows participants to implement guardrails, Digital Asset's Yuval Rooz said institutions can protect against bad actors.
Because Canton allows participants to implement guardrails, Digital Asset's Yuval Rooz isn't afraid of North Korean-linked hacking groups.
Canton's CIP-0114 drives institutional demand as Open Interest spikes and short liquidations surge.