DigitalAsset Raises $135 Million for Privacy-Focused Canton Blockchain Network
Digital Asset has secured $135 million in strategic funding led by DRW Venture Capital and Tradeweb Markets for its Canton Network blockchain.
Digital Asset has secured $135 million in strategic funding led by DRW Venture Capital and Tradeweb Markets for its Canton Network blockchain.
The round included major traditional finance and crypto institutions like BNP Paribas, Circle Ventures, Citadel Securities, and DTCC.
Canton Network focuses on configurable privacy settings, allowing assets to exist with varying levels of transparency on the same network.
The platform has tested tokenized assets with Goldman Sachs and BNY Mellon in real-world applications.
CEO Yuval Rooz explained that users can create assets ranging from fully public like Ethereum to completely private and undetectable.
The funding will expand real-world asset adoption on Canton, currently supporting bonds, money market funds, commodities, and mortgages.
DRW founder Don Wilson noted that trillions of dollars in real-world assets already leverage the Canton blockchain.
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