DigitalAsset, Canton Blockchain Developer, Secures Additional $10 Million from Shinhan Financial Group and SC Ventures

DigitalAsset, a Canton blockchain developer, has secured an additional $10 million in funding from Shinhan Financial Group and SC Ventures. According to Doblok's recent report, this investment brings the total funding raised in DigitalAsset's current round to $365 million from $355 million, with the valuation remaining at $2 billion. The company previously announced securing $355 million led by a16z Crypto, with participation from ABN AMRO, Abu Dhabi Investment Authority, Apollo Fund, BNP Paribas, Citadel Securities, CME Ventures, Coinbase Ventures, Hanwha Investment & Securities, HSBC, S&P Global, and SBI Group. CEO Yuval Ruiz, co-founder and CEO of DigitalAsset, stated that the inclusion of Shinhan Financial Group and Standard Chartered enhances DigitalAsset's global accessibility, market expertise, and ecosystem connectivity, reaffirming the need for infrastructure enabling regulated financial institutions to operate on public Layer 1 blockchain networks without compromising privacy, compliance, or control.