Canton Network’s Digital Asset targets $2 billion valuation in a16z crypto-led raise: Bloomberg
coindesk·- Digital Asset Holdings aims to raise about $300 million at a valuation of approximately $2 billion, with a16z crypto interested in investing. - This funding round follows a strategic investment of about $50 million in late 2025 from BNY, Nasdaq, and other existing investors. - The Canton Network, which connects tokenized assets for financial institutions, recently completed its first cross-border intraday repo transaction using tokenized U.K. gilts.Canton Network developer Digital Asset eyes $300 million raise at $2 billion valuation, led by a16z crypto: Bloomberg
The Block·- Digital Asset Holdings is raising around $300 million at a valuation of approximately $2 billion, led by a16z crypto, with financing expected to close soon. - The Canton Network, a Layer 1 blockchain designed for institutional finance with configurable privacy features, has seen significant growth, processing over $6 trillion in tokenized assets. - Despite the mixed state of the crypto venture landscape, ongoing investments continue, as large funds like a16z crypto are raising substantial capital for their fifth crypto fund.Neptune Updates Shareholders in Connection with Announced SpaceX Acquisition of xAI | NPPTF Stock News
StockTitan·- Neptune Digital Assets Corp. has completed a strategic investment in xAI, acquiring shares to gain early access to advanced AI technology. - Following the acquisition of xAI by SpaceX, shareholders are expected to receive SpaceX shares, increasing Neptune's holdings to approximately 32,640 shares. - This transaction highlights Neptune's commitment to investing in transformative technologies at the intersection of artificial intelligence and space infrastructure.