Digital Asset, the company behind the institutional-grade Canton Network, has raised $135 million in a strategic funding round aimed at scaling the adoption of privacy-enabled blockchain infrastructure among traditional finance giants.
The round was led by DRW Venture Capital and Tradeweb Markets, and included major players from both traditional finance and crypto. Among the participants were:
- BNP Paribas
- Circle Ventures
- Citadel Securities
- DTCC (Depository Trust & Clearing Corporation)
- Virtu Financial
- Paxos
This funding reinforces Digital Asset’s position at the intersection of capital markets and Web3 innovation.
Institutional Blockchain With Privacy at Its Core
At the heart of Digital Asset’s ecosystem is the Canton Network, a blockchain platform designed with configurable privacy for enterprise use. The network has already attracted institutions like Goldman Sachs and BNY Mellon, which have explored tokenizing real-world assets (RWAs) such as bonds and alternative investment funds on the system.
“This funding milestone validates the inevitability of what we envisioned years ago: a privacy-enabled public blockchain designed specifically for institutional adoption,” said CEO and co-founder Yuval Rooz.
Accelerating Real-World Asset Tokenization
Canton currently supports a wide range of asset classes and will use the fresh capital to onboard more institutions and tokenized products. The raise marks a significant step toward mainstream financial integration of blockchain technology, with a focus on real-world asset (RWA) tokenization at institutional scale.
Digital Asset’s bet on enterprise-grade privacy and compliance-ready infrastructure could place Canton Network at the forefront of the next wave of blockchain adoption.
Source
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/digital-asset-secures-135m-to-expand-privacy-focused-canton-blockchain-for-institutions/