Hanwha Investment & Securities invests $21.7M in Canton Network developer

Hanwha Investment & Securities has announced a strategic investment of 30 billion won (about $21.7 million) in Digital Asset Holdings, the developer behind the Canton Network (CC). The investment follows a memorandum of understanding (MOU) the two companies signed in April. Digital Asset Holdings previously raised $50 million last December and was reportedly seeking an additional $300 million in funding in May.