Digital Asset has successfully raised $135 million in a strategic funding round to support the expansion of its blockchain infrastructure, the Canton Network.
Funding from Major Players
The funding round was led by DRW Venture Capital and Tradeweb Markets, with participation from major financial organizations, including Goldman Sachs, Citadel Securities, BNP Paribas, and the Depository Trust & Clearing Corporation. Crypto-focused backers included Paxos, Polychain Capital, and Circle Ventures.
Features of Canton Network
Canton Network is a permissioned layer-1 blockchain that offers configurable privacy and institutional-grade compliance. Digital Asset aims to use the raised capital to integrate 'billions' of real-world assets into the network.
Growth of the Real Asset Market
In the first half of 2025, the real asset market (RWAs) saw significant growth, increasing by over 260% to surpass $23 billion in total valuation. This growth is driven by increased regulatory clarity and active blockchain technology implementation.
The $135 million funding will play a crucial role in the development of the Canton Network and the expansion of real asset utilization in the institutional sector.
