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