Digital Asset Holdings targets $300 million in capital raise

Digital Asset Holdings is pursuing $300 million in new funding through its latest capital raise. The company operates the Canton Network and has secured leadership from a veteran crypto venture capital firm for the effort.

Digital Asset Holdings, the firm behind the Canton Network, announced plans to raise $300 million in its current funding round. The initiative focuses on expanding operations within the digital asset sector.

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Executives celebrating Digital Asset's $355 million funding for Canton Network in a modern office setting with blockchain visuals.
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Digital Asset raises $355 million for Canton Network

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Digital Asset, the developer behind the Canton Network blockchain, announced it has closed a $355 million funding round led by a16z crypto.

Peer-to-peer trading startup Variational has secured $50 million in a Series A funding round to expand its onchain derivatives platform focused on real-world assets.

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스미토모 미쓰이 신탁은행이 최대 3,800억 엔 규모의 디지털 투자를 검토하고 있습니다. 또한 300억 엔을 투입해 운영 효율화를 추진하고, 약 900명의 직원을 대고객 서비스 부서로 재배치할 계획입니다.

Digital asset company Bakkt has completed its equity-based acquisition of stablecoin infrastructure firm Distributed Technologies Research. The deal aims to create a 24/7 digital settlement layer by integrating DTR's technology. Bakkt issued more than 11.3 million shares as part of the transaction.

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Kalshi is seeking to raise new capital at a valuation of about 40 billion dollars, nearly doubling its previous 22 billion dollar valuation, according to people familiar with the matter.

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