DRW Holdings and Liberty City Ventures reportedly aim to establish a $500 million Canton Coin treasury, signaling deep institutional commitment to the Canton Network’s expanding blockchain ecosystem.
$500 Million Canton Coin Treasury in the Works
Trading firm DRW Holdings and venture capital firm Liberty City Ventures are reportedly preparing to raise around $500 million for a publicly listed digital asset treasury tied to the Canton Network’s native token, Canton Coin (CC).
According to a Bloomberg report citing unnamed sources, both firms plan to contribute the majority of the capital using Canton Coin, while external investors are expected to add between $100 million and $200 million. The deal has not yet been finalized, leaving room for adjustments in structure and scale.
Institutional Momentum Builds Around Canton Network
DRW Holdings, a major Chicago-based trading company, and Liberty City Ventures, a New York investment firm focused on crypto, Web3, and AI, have long supported the Canton Network — a blockchain built to enable compliant and interoperable financial applications.
The proposed treasury initiative follows a new partnership between BitGo and the Canton Network, which will integrate BitGo’s custody support for Canton Coin, offering insured cold storage and regulatory-compliant access for banks and asset managers.
This development highlights the growing institutional infrastructure forming around Canton, paving the way for greater adoption of tokenized assets and stablecoin initiatives within the network.
Expanding Validator Network and Ecosystem Growth
The Canton Network has recently expanded its validator base by onboarding P2P.org and Chainlink, the latter joining as a “super validator”. Chainlink will provide data services and crosschain interoperability, key to connecting Canton’s institutional ecosystem with broader blockchain infrastructure.
The Canton Network is positioned as a regulatory-friendly blockchain designed for institutional-grade asset trading and interoperability. Its backers include some of the largest names in global finance and technology, such as HSBC, Goldman Sachs, BNP Paribas, Deutsche Bank, Digital Asset, CBOE, and Paxos.
The potential $500 million token treasury underscores the network’s credibility and ambition, signaling that major financial players are not just experimenting with blockchain — they are building a long-term foundation for tokenized finance at scale.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.