Digital Asset Secures Additional $10M Funding, Total Raised Reaches $365M

On July 22, according to The Block citing insiders, Digital Asset, the developer of the Canton blockchain network, received an additional $10 million investment from Shinhan Financial Group and SC Ventures. This increased the company's total funding in the current round from $355 million to $365 million. Digital Asset's Canton Network is an enterprise-grade blockchain interoperability protocol designed to enable privacy-preserving and controlled sharing of assets across different institutions.