Digital Asset lands $355M as a16z doubles down on Wall Street blockchain rails

Digital Asset raised $355M in an a16z‑led round at a $2B valuation, extending a Wall Street‑backed funding run as banks ramp up pilots on its Canton Network blockchain.
This is a summary. Read the complete story at Cointelegraph below.
Read full article at CointelegraphRelated Stories

The Ondo Finance succession crisis gets messier as Kathleen Allman’s daughter alleges ‘dementia’, alcoholism and reckless spending
The estranged daughter of 77-year-old Kathleen Allman has petitioned a Hawaiian court to establish a limited conservatorship to protect her parents’ share of her brother’s stake in Ondo.
CoinDesk

CFTC expands regulatory relief for passive trading software providers
The US regulator’s move could make it easier for crypto wallets and other apps to offer access to regulated derivatives and prediction markets without registering as introducing brokers.
Cointelegraph

Kevin O’Leary says Congress will revisit Clarity early next year as crypto tax bill advances
The Shark Tank investor says Congress will face pressure to revive crypto market structure legislation as it moves to establish tax rules for digital assets.
CoinDesk