[a16z Leads $355 Million Funding Round for Digital Asset to Drive Canton Network Expansion] According to The Block, Canton Network developer Digital Asset has completed a $355 million funding round led by a16z crypto. Investors include a subsidiary of the Abu Dhabi Investment Authority, Apollo Funds, BNP Paribas, Citadel Securities, CME Ventures, Coinbase Ventures, HSBC, S&P Global, SBI Group, SoFi, Tradeweb, and others. The company's CEO, Yuval Rooz, stated that this round is equity financing, with most institutions also being potential users of Canton. The funds will be used to accelerate collaboration with institutional partners, mergers and acquisitions, and participation in related projects.