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Standard Chartered and Shinhan Join Digital Asset’s Canton Funding Round

Digital Asset announced that Standard Chartered’s SC Ventures and Shinhan Financial Group joined its funding round. Their combined additional investment was reported at $10 million, bringing the round to $365 million at a $2 billion valuation.

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Digital Asset announced on July 21, 2026, that Standard Chartered’s SC Ventures and Shinhan Financial Group had joined its funding round.

Reporting placed the two investors’ combined additional commitment at $10 million. That increased the round to $365 million while maintaining a reported $2 billion valuation for Digital Asset.

The investment matters because it expands the financial and strategic support from major banking groups for Digital Asset and Canton Network. Canton is designed to support privacy-preserving institutional asset issuance and settlement, making bank participation relevant to its potential adoption in regulated financial markets.

Digital Asset’s announcement confirms that SC Ventures and Shinhan Financial Group joined the round. The combined investment amount, expanded round size and valuation are based on reporting included in the verified event package. The package does not specify how the $10 million was divided between the two investors or provide further terms of their participation.

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The expanded round strengthens institutional backing for Digital Asset and Canton Network, adding strategic support from banking groups connected to Standard Chartered and Shinhan Financial Group.