Canton Network
Coverage of Canton Network in the Nexus archive.
- Canton developer Digital Asset raises additional $10 million at same $2 billion equity valuation
Canton Network developer Digital Asset has raised an additional $10 million from Shinhan Financial Group and SC Ventures, maintaining its $2 billion equity valuation.
- Wall Street Giants, Sovereign Wealth Fund Back Canton Network Creator in $355M Round
Digital Asset, the creator of Canton Network, secured $355 million in a funding round led by Andreessen Horowitz, with additional backing from Wall Street Giants and a Sovereign Wealth Fund.
- Canton Network developer raises $355 million to bring Wall Street onchain
A Canton Network developer has raised $355 million to bring Wall Street onchain. The funding aims to integrate traditional financial systems with blockchain technology.
- Digital Asset lands $355M as a16z doubles down on Wall Street blockchain rails
Digital Asset raised $355 million in a funding round led by a16z at a $2 billion valuation. The funding is part of a Wall Street-backed initiative as banks conduct pilots on its Canton Network blockchain.
- Visa, Brale test privacy-enabled SBC stablecoin settlement on Canton Network
Visa and Brale have initiated a proof of concept to test SBC stablecoin settlement with privacy controls on the Canton Network. The collaboration focuses on privacy-enabled transactions for stablecoin settlements.
- Canton Network’s Digital Asset targets $2 billion valuation in a16z crypto-led raise: Bloomberg
Canton Network's Digital Asset is targeting a $2 billion valuation through a crypto-led raise led by 16z. The raise is expected to be significant and may impact the company's future growth. Canton Network's ambitious goal may lead to increased investment in the crypto space.
- Canton Network developer Digital Asset eyes $300 million raise at $2 billion valuation, led by a16z crypto: Bloomberg
Digital Asset is raising $300 million at a $2 billion valuation, led by a16z crypto, with the Canton Network attracting partners like Visa and Goldman Sachs. This fundraise would be Digital Asset's largest to date. The investment round values the company at $2 billion.
- 21Shares Debuts First ETF Focused on Canton Network Crypto Token
21Shares has launched a new ETF focused on the Canton Network Crypto Token, offering exposure to Canton Coin on the Nasdaq. This is the first ETF of its kind, providing investors with access to the native token of the privacy-focused institutional blockchain network. The fund is listed on the Nasdaq exchange.
- North Korea's Crypto Hack Playbook Won't Work on Canton Network, Says Digital Asset CEO
Digital Asset CEO Yuval Rooz claims the Canton Network's guardrails make it immune to North Korean-linked hacking attempts. The platform's design allows participants to implement security measures that neutralize such threats.
- JSCC To Test Japanese Government Bonds on Canton Network
JSCC is set to test Japanese government bonds on the Canton Network. The initiative involves evaluating the bonds' performance within this network framework.
- Japan’s JSCC partners with Mizuho, Nomura to test government bonds on blockchain
Japan's JSCC has partnered with Mizuho and Nomura to conduct a proof-of-concept trial for on-chain transfer and management of Japanese government bonds using the Canton Network blockchain platform.
- Japan to test government bonds as digital collateral on Canton
Japan's Japanese Securities Clearing Corporation will test using Japanese government bonds as digital collateral on the Canton network with Mizuho, Nomura, and Digital Asset. The initiative aims to explore blockchain-based financial infrastructure.