Digital Asset secured a notable $135 million in funding to advance the Canton Network, a blockchainA decentralized ledger that records transactions across a ne designed for privacy and institutional finance. Leading the funding were DRW Venture Capital and Tradeweb Markets, with participation from major finance entities like Goldman Sachs and BNP Paribas. The Canton Network aims to integrate real-world assets across various classes, bridging traditional and decentralized finance. As the network evolves, its potential to transform financial infrastructure unfolds further.
Digital Asset has secured an impressive $135 million in a strategic funding round, underscoring the growing institutional confidence in blockchain infrastructure. This significant investment marks a pivotal moment for the Canton Network, a public, permissionless Layer-1 blockchain specifically designed for institutional adoption. The funding round, announced on June 24, 2025, was led by DRW Venture Capital and Tradeweb Markets, with participation from an eclectic mix of both traditional and decentralized finance stakeholders.
These participants include major players like BNP Paribas, Circle Ventures, Citadel Securities, and Goldman Sachs, reflecting a robust blend of financial muscle committed to advancing blockchain scalabilityThe capability of a blockchain network to handle increasing and adoption. Notably, the Canton Network focuses on privacy for enterprise blockchain users, allowing configurable privacy settings for issued assets.
The infusion of capital is aimed at accelerating the Canton Network’s integration of real-world assets (RWAs) across various asset classes, such as bonds, money market funds, repos, annuities, alternative funds, and commodities. This strategic move is expected to amplify the network’s capacity to onboard RWAs, thereby increasing the practical applications of blockchain technology at an institutional scale.
The Canton Network’s design addresses essential challenges of privacy and scalability that have often hindered the broader institutional adoption of blockchain solutions. By solving these issues, the network is positioned to support the integration of hundreds of billions in real-world financial assets onto a blockchain platform, thereby bridging the gap between traditional finance and decentralized technologies. The nearly 400 ecosystem participants involved in the Canton Network further signify its extensive reach and potential impact in the financial sector.
The strategic funding round highlights the growing convergence of institutional finance with decentralized finance technologies. With high-profile contributors such as DRW Venture Capital, Tradeweb Markets, and other notable financial and tech firms, the investment underscores the industry’s recognition of blockchain’s transformative potential.
The involvement of infrastructure and clearing entities, like the Depository Trust & Clearing Corporation (DTCC), further emphasizes the validation of blockchain’s applicability to institutional finance. Investors see this as an opportunity to leverage the Canton’s capabilities to drive blockchain’s transformative promise in a manner that aligns with institutional needs. Existing relationships with Digital Asset through testing and infrastructure development have been instrumental in attracting such high-profile investors.
Yuval Rooz, Co-founder and CEO of Digital Asset, has been vocal about the inevitability of privacy-enabled blockchain adoption by institutions. He emphasizes the network’s ability to support diverse asset classes, viewing the funding as an essential step toward scaled onboarding of real-world assets.
Rooz’s statements encapsulate the confidence that the Canton Network, with its privacy-enabled features and institutional focus, represents a significant phase in the evolution of financial infrastructure.
