NiftyNoon: Are TradFi Whales Aping Into the Canton Network? 🐳💼📈

Digital Asset Holdings is raising $300 million led by a16z crypto, valuing the Canton Network creator at a staggering $2 billion (May 11th, 2026)

Nifty Thought:

Digital Asset Holdings, the enterprise blockchain firm behind the Canton Network, is reportedly securing $300 million in a new funding round led by a16z crypto. This massive injection of capital would push the company’s valuation to a staggering $2 billion. Designed to enable the tokenization of real-world assets with configurable privacy features, the Canton Network has already attracted serious backing from TradFi heavyweights like Visa, Goldman Sachs, and DRW.

In a market where venture capital inflows have somewhat cooled compared to previous cycles, a $2 billion valuation for a corporate blockchain project is an incredibly bullish signal for the broader industry. As traditional finance continues to bridge the gap with onchain technology, the demand for institution-grade networks is only growing stronger. If this momentum continues to build, it is entirely possible that networks like Canton will pave the way for massive institutional adoption and help propel the next major leg up for digital assets. Time will tell if Wall Street’s growing appetite will be the catalyst the market needs.

Highlighted News:

• 💰 Digital Asset Holdings is raising roughly $300 million at a $2 billion valuation with a16z crypto leading:

  

  Bloomberg@business

  Digital Asset Holdings, the company behind a blockchain used among several big banks and trading firms, is raising money from investors including a16z crypto at around a $2 billion valuation, people with knowledge of the matter said

  bloomberg.com

  DRW-Backed Digital Asset Raising Money at $2 Billion Valuation

  

  12:01 PM · May 10, 2026 · 82.7K Views

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  18 Replies · 26 Reposts · 145 Likes

• 📜 @BankingGOP Committee markup of the Clarity Act set for May 14th:

  

  Eleanor Terrett@EleanorTerrett

  🚨NEW: @BankingGOP Committee markup of the Clarity Act set for Thursday, May 14 at 10:30 AM EST.

  

  

  Eleanor Terrett @EleanorTerrett

  🚨SCOOP: The Senate Banking Committee is preparing to notice a markup for the Clarity Act as soon as tomorrow and has circulated draft legislative text to select industry members ahead of a potential Thursday vote, according to multiple industry sources who have seen the text.

  11:16 PM · May 8, 2026 · 810K Views

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  144 Replies · 1.03K Reposts · 4.89K Likes

• 🚬 @nodefnd (NODE), released a new open-source marketplace codebase focused solely on the iconic NFT collection:

  

  NODE@nodefnd

  Today we're releasing an open-source CryptoPunks marketplace. A separate, focused codebase to accelerate development: EIP-712 bids, merkle proofs, Collection Bid settlement, & every onchain @cryptopunks action. Build the interface we wouldn't.

  nodefoundation.com

  An Open Source CryptoPunks Marketplace

  

  4:25 PM · May 8, 2026 · 16.6K Views

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  18 Replies · 32 Reposts · 248 Likes

Project and Community News:

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• SEC Chair Paul Atkins announced the agency is exploring updated securities rules for onchain markets

• Zcash Quantum Recoverability security proofs got agreed upon, and now the PR's are in

• First successful Alpenswitch on Solana’s Alpenglow community cluster

• MegaETH Foundation completed its first MEGA buyback

• All @OthersideMeta Arsham Voyager Access Passes have been claimed

• Brian Armstrong explains Coinbase’s recent outage stemmed from an AWS datacenter room overheating after multiple chillers failed

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