Canton Network Developer Lands $135M Mega-Round—Institutional Blockchain Adoption Just Got Real
Wall Street's blockchain pipe dream just got a $135 million reality check.
The Canton Network—a blockchain built for financial institutions—just secured heavyweight backing to turn TradFi's slow-motion crypto experiment into a full-scale deployment. Forget 'proof-of-concept'—this is proof-of-payout.
Why institutions are betting big
While retail traders chase memecoins, serious money's building infrastructure. Canton's developer isn't just selling blockchain—they're selling compliance rails, institutional-grade settlement, and the kind of privacy that makes Swiss bankers nod approvingly.
The fine print
That $135 million didn't come from crypto degens. Traditional finance players wrote the checks—the same folks who still think 'HODL' is a typo. Maybe they finally read the writing on the blockchain.
Bottom line: When suits start moving nine-figure sums into crypto infrastructure, it's not a trend—it's a takeover. Just don't expect them to understand your NFT profile picture.

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.