Digital Asset Secures $135M Funding to Expand Institutional Blockchain Adoption

Digital Asset has raised $135 million in a strategic funding round to accelerate institutional adoption of its Canton Network, bridging traditional finance with blockchain technology. The investment was led by DRW and Tradeweb Markets, with participation from Goldman Sachs, BNP Paribas, Citadel Securities, DTCC, and crypto-native investors Circle Ventures and Polychain Capital.

Canton Network, a public, permissionless Layer-1 blockchain, offers configurable privacy and compliance tailored for institutional use. The platform already supports hundreds of billions in real-world assets, including bonds, money market funds, commodities, and mortgages. The new capital will expand asset integrations and strengthen relationships with nearly 400 ecosystem participants.

"This funding validates our vision of a privacy-enabled public blockchain designed for institutional adoption," said Yuval Rooz, co-founder and CEO of Digital Asset. The MOVE signals growing confidence in blockchain's role in mainstream finance.