YZi Labs Backs Digital Asset in Series E Funding Round
YZi Labs has joined Digital Asset's $135 million Series E fundraising round, reinforcing its commitment to institutional adoption of blockchain technology. The investment round, initially announced on June 24, saw participation from major financial players including DRW, Tradeweb, DTCC, Citadel Securities, and Goldman Sachs.
Digital Asset's Canton Network has emerged as a game-changer for regulated markets, offering configurable on-chain privacy—a critical feature absent in traditional public blockchains. The network now supports trillions in tokenized real-world assets, with $1.5 trillion in monthly U.S. Treasury repo activity alone. Nearly 400 institutions across traditional and decentralized finance have adopted the platform since its launch.
The investment underscores growing institutional demand for blockchain solutions that balance transparency with regulatory compliance. Canton's unique architecture solves the privacy-interoperability paradox that has long hindered enterprise adoption, positioning it as a frontrunner in the institutional blockchain infrastructure race.