This Thursday, Digital Asset, the company creator of Canton Network, closed a new funding round valued at approximately $50 million. The strategic investment was led by Wall Street heavyweights and the financial sector, including BNY (Bank of New York Mellon), iCapital, Nasdaq, and S&P Global. Yuval Rooz, CEO of Digital Asset, emphasized that the participation of these institutions underscores the recognition of the need for blockchain infrastructure “purpose-built for regulated markets.”
The participation of major banks, exchange operators, and data giants like Nasdaq and S&P Global validates Canton’s thesis as a public Layer 1 network, but with a strict focus on configurable privacy and regulatory compliance. Currently, Canton underpins trillions of dollars’ worth of tokenized Real-World Assets (RWA). The Canton Network funding follows a previous round of $135 million, consolidating the network as the preferred rail for traditional operators.
This institutional backing occurs against a broader backdrop in the sector, evidenced by Vanguard’s recent policy shift on crypto ETFs and Bank of America’s allocation recommendations. The new investment will allow Digital Asset to scale globally and accelerate the onboarding of more real-world assets onto the network, cementing its position as the infrastructure where the industry expects the future institutional on-chain market to reside.
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