Canton Network Developer Secures $135M to Expand Institutional Blockchain Use

Digital Asset has locked in $135 million in fresh capital to scale up its institutional blockchain platform, Canton Network.

The funding round attracted major backers including DRW Venture Capital, Tradeweb Markets, Goldman Sachs, BNP Paribas, Circle Ventures, and others, underlining growing confidence in tokenized real-world finance.

The company plans to use the funds to accelerate adoption of its Layer 1 blockchain by enabling more tokenized asset use cases—from bonds and commodities to money market funds. CEO Yuval Rooz called the raise a validation of their long-term vision for a privacy-focused blockchain designed for regulated institutions.

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Canton already supports multiple asset classes and counts nearly 400 participants across traditional and decentralized finance. Its privacy-preserving framework lets institutions set confidentiality levels tailored to compliance standards—key for onboarding large financial players.

The investment also deepens ties with existing contributors like Goldman Sachs, who said the network’s infrastructure remains foundational to their digital asset platform, GS DAP. Digital Asset’s momentum suggests growing appetite for permissioned blockchain solutions that can bridge traditional and decentralized markets.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.