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Goldman Sachs and Citadel Back Digital Asset’s Canton Network in $135M Funding Round
Goldman Sachs and Citadel Back Digital Asset’s Canton Network in $135M Funding Round
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BTCCSquare news:
Digital Asset, the firm behind the Canton Network, has secured $135 million in a funding round led by DRW and Tradeweb. Notable participants include Goldman Sachs, Citadel, and BNP Paribas—institutions that have been partnered with Canton since 2023, signaling early conviction in blockchain's institutional potential.
The capital will accelerate the integration of real-world assets such as bonds, money market funds, and commodities onto the network. "This validates our vision of a privacy-enabled public blockchain built for institutional adoption," said CEO Yuval Rooz. Canton already supports multiple asset classes, with this funding poised to expand its footprint further.
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