Geo News
Community curated by people like you
LatestAICryptoHealthWorld AffairsUS Politics

ApolloX stories

Jun 11, 2026

Digital Asset Raises $355 Million in a16z-Led Round to Expand Canton Network for Tokenized Capital Markets

Digital Asset Holdings secured $355 million in funding led by Andreessen Horowitz, with participation from HSBC, Apollo, CME, BNP Paribas, Abu Dhabi Investment Authority, and over 20 other institutional investors. The round values the Canton Network blockchain developer at approximately $2 billion and will fund expansion of its institutional tokenization infrastructure.

Jun 11, 2026·5 sources
00

Top claims

  • ▪The new capital will be used to scale the Canton Network and expand its product offerings.
  • ▪The funding round was led by Andreessen Horowitz's crypto arm, a16z crypto, which contributed $100 million.
  • ▪Unlike public blockchains like Ethereum, Canton is a privacy-enabled network built to meet the requirements of regulated financial markets.

Topics

Smart contract platformsTokenizationBlockchain technologyInstitutional crypto adoptionVenture capital fundingTokenized securities

Featured Stories

OpenAI pauses development of Astra AI model over critical cybersecurity capability concerns

OpenAI pauses development of Astra AI model over critical cybersecurity capability concerns

Aug 7, 2026·2 sources