Canton Network creator targets $300M in capital raise: Report
Digital Asset Holdings, creator of the Canton Network enterprise blockchain, is raising $300 million at a $2 billion valuation, led by a16z Crypto. This follows a $135 million round last year. The permissioned network, designed for financial institutions with privacy features, is gaining traction with DTCC's tokenization pilot launching July. Canton gains institutional adoption but faces decentralization criticism.
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Policy at Consensus Miami: State of Crypto
White House adviser Patrick Witt says the Clarity Act could become law by July 4, with markup scheduled this month. Senator Gillibrand pushes for ethics provisions in market structure bills. Consensus Miami featured debates on prediction markets and stablecoins. A CoinDesk survey shows U.S. voters prioritize banks over crypto and distrust Trump administration oversight of the sector.
South Korea crypto holdings halve in a year as investors turn to stock market
South Korean crypto holdings collapsed 50% in 13 months, plummeting from $83.3 billion to $41.4 billion as investors pivot toward stocks. Daily trading volumes crashed to $3 billion from $11.6 billion. Stricter AML regulations launching August 2026 and a looming 22% capital gains tax in January 2027 threaten further exodus to offshore platforms like Binance.
Saylor signals another Bitcoin buy, after hinting at selling in Q1 earnings call
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