POPA ReconDigital Asset Seeks $300M Raise at $2B Valuation Led by a16z
Digital Asset Seeks $300M Raise at $2B Valuation Led by a16z Canton Network is a public, permissionless Layer 1 blockchain built with configurable privacy features. Unlike Ethereum or Solana, it offers protocol-level confidentiality guarantees designed specifically for regulated financial institutions. For a16z crypto, the investment follows the firm closing a $2.2B fifth crypto fund, bringing its total dedicated crypto capital to approximately $10B across five vehicles. If completed, the raise would be Digital Asset's largest to date and come less than a year after it secured $135 million…
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