Digital Asset funding, valuation and investors

Overview

Digital Asset (DA) is a New York-based blockchain company founded in 2014 that created the Canton Network — a public layer-one blockchain with institutional-grade privacy for tokenization, collateral mobility, settlement, and payments in regulated markets. Canton is governed by the Canton Foundation with participation from major banks and market infrastructure firms. In June 2026 DA raised $355M in Series F led by a16z crypto at roughly $2B valuation, with Goldman Sachs, Citadel Securities, BNP Paribas, HSBC, Abu Dhabi Investment Authority, Tradeweb, S&P Global, and 20+ others participating. Pilots include Goldman Sachs, BNY Mellon, BNP Paribas, Standard Chartered, and Deutsche Börse.

Why Digital Asset is interesting

Digital Asset's $355M Series F led by a16z crypto in June 2026 reads like a Wall Street roll call — Goldman, Citadel, BNP, HSBC, ADIA — cementing Canton as regulated-finance infrastructure, not speculative DeFi.

Product & use cases

Digital Asset builds and maintains the Canton Network and DAML smart-contract language — enabling financial institutions to tokenize assets, move collateral, and settle trades on shared infrastructure while keeping sensitive data private per counterparty.

• Institutional tokenization of bonds, funds, and real-world assets with privacy controls
• Intraday collateral mobility across trading desks and custodians
• 24/7 settlement and payment workflows replacing batch legacy rails

Key facts

• Series F (Jun 2026): $355M led by a16z crypto at ~$2B valuation (PRNewswire)
• Investors span TradFi and crypto: Goldman Sachs, Citadel, BNP Paribas, HSBC, ADIA, Tradeweb, S&P Global
• Canton Network: privacy-enabled L1 for regulated tokenization and collateral mobility
• Prior rounds: $135M (Jun 2025) and $50M extension (Dec 2025) from institutional syndicate
• Pilots with Goldman Sachs, BNY Mellon, Deutsche Börse, and other global banks

Funding history (newest first)

Investors in our directory

Funds linked from Digital Asset's profile — open a fund page for stage focus and related deal articles.

Competitive landscape

Edge: Canton's sub-transaction privacy model lets banks share infrastructure without exposing positions to competitors — addressing the compliance barrier that blocked public-chain adoption in capital markets for a decade.

Institutional blockchain adoption hinges on privacy, compliance, and network effects among counterparties — not TPS alone. Digital Asset's $355M round signals TradFi conviction in Canton, but real adoption metrics are on-chain transaction volume and live production workflows, not investor logos.

• Hyperledger / bank consortium chains adjacent

  Permissioned enterprise blockchains; less public-network interoperability than Canton claims.

• Polygon / Ethereum L2s alternative

  Public chains courting institutions via tokenization; weaker default privacy for trading use cases.

• Broadridge DLT incumbent

  Incumbent market-infrastructure DLT for repo and settlement; also a Canton participant/investor.

• tZERO adjacent

  Tokenization platform for securities; smaller institutional network than Canton's syndicate.

Notable stories

• a16z crypto contributed ~$100M of the $355M Series F — its largest institutional-infrastructure bet bridging crypto-native and Wall Street capital (Cointelegraph, June 2026).
• Digital Asset CEO Yuval Rooz told press Canton lets banks 'move mission-critical infrastructure onchain' while preserving privacy — the pitch that attracted 20+ financial institutions to one round (PRNewswire).

Industries

Related funding articles

Venture Capital Tracker pieces that cover Digital Asset's financing or category context.

• Digital Asset's $355M Series F: a16z Crypto Bets on Institutional Onchain Rails