Digital Asset raised $135 million to scale its blockchain finance platform, the Canton Network. The investment round, led by DRW Venture Capital and Tradeweb Markets, drew support from Wall Street and crypto firms alike.
Participants included Goldman Sachs, Citadel Securities, BNP Paribas, Circle Ventures, and DTCC. The raise strengthens ties with companies already involved in Canton’s development and governance.
Canton aims to serve as the backbone for financial institutions entering blockchain. It is the only public, permissionless Layer-1 network with built-in privacy and compliance features. This latest funding will help bring more real-world assets onto the chain.
Digital assets boost growth with new funding
Current offerings already include bonds, commodities, mortgages, and insurance products. The company wants to accelerate this integration and expand its use across global markets. The Canton Network has grown quickly.
It now includes almost 400 participants. These range from traditional institutions to crypto-native firms. The new capital will fuel this growth and improve the technology that powers its asset support and privacy design.
Digital Asset developed Canton to solve one big issue in finance: how to keep transactions private on a transparent blockchain. Most institutions need confidentiality. Canton offers a solution by letting firms choose how much data to reveal. That makes the network fit for regulated use while preserving the strengths of decentralized systems.
Blockchain moves closer to the financial core
With this round, Canton’s backers aim to build a new standard. The goal is not to replace existing financial systems overnight but to enhance them. Blockchain can streamline operations and lower costs, but privacy and compliance must come first. Canton was built with these needs in mind.
This is not just a tech play. It marks a turning point. Traditional finance now puts real money behind blockchain that fits its structure. With Digital Asset’s leadership and new resources, Canton moves closer to becoming a global framework for tokenized assets.
The raise sends a strong signal. Large institutions no longer see blockchain as a theory. They now see it as infrastructure. Digital Asset stands at the center of that shift, and Canton offers them a path forward.
