Privacy-Focused Blockchain Project Secures Strategic Investment from Wall Street and Crypto Giants
Digital Asset, the creator of the Canton Network, has secured $135 million in strategic funding to accelerate the adoption of real-world asset (RWA) tokenization across global financial institutions.
Led by DRW Venture Capital and Tradeweb Markets, the funding round attracted a powerful list of investors, including:
- BNP Paribas
- Circle Ventures
- Citadel Securities
- DTCC (Depository Trust & Clearing Corporation)
- Virtu Financial
- Paxos
“Today, major players from crypto and traditional finance have joined Digital Asset on its mission to catalyze the next evolution in markets,” said Don Wilson, CEO of DRW.
Why Canton Network Matters
Canton is a privacy-configurable blockchain, offering a unique model where assets can range from fully transparent (like Ethereum) to completely private — even to the point of being invisible to outsiders.
“Everybody can connect to Canton,” explained CEO Yuval Rooz. “But each issuer defines the privacy level of their assets — full transparency or full privacy — all on the same chain.”
Canton allows composable transactions across assets with varying privacy levels, creating flexible use cases for institutional adoption without compromising compliance or data protection.
Real-World Asset Adoption Growing
The new capital will help Canton expand its reach in tokenized RWAs, including:
- Bonds
- Money market funds
- Commodities
- Mortgages
- Life insurance and annuities
- Repurchase agreements (repos)
Notably, Goldman Sachs and BNY Mellon have already conducted RWA tests on the Canton network, validating its enterprise-grade architecture.
Institutional Endorsement and Market Impact
This round of funding comes as financial institutions increasingly explore blockchain-powered collateral mobility. With trillions of dollars in global assets poised for tokenization, Canton is positioning itself as the backbone for compliant, scalable RWA settlement.
The company plans to use this funding to:
- Expand enterprise integrations
- Accelerate infrastructure development
- Drive adoption in new asset classes
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.