Canton developer raises another $10M from Shinhan Financial Group, SC Ventures

Digital Asset, the developer of the institutional finance-focused blockchain Canton (CC), has raised an additional $10 million, The Block reported, citing sources familiar with the matter. The sources said the funding came from Shinhan Financial Group and SC Ventures, the venture arm of Standard Chartered, and valued the company at an unchanged $2 billion. The latest round brings Digital Asset’s total funding to $365 million.