Digital Asset Raises $135 Million to Accelerate Adoption of Canton Network

Release date: 24 Jun 2025

The fundraising round, led by Tradeweb and DRW, marks a convergence of traditional finance leaders and crypto-native investors to scale blockchain-based finance.

Digital Asset, the company behind the pioneering Canton Network, today announced it has raised $135 million in its strategic funding round. Led by DRW Venture Capital and Tradeweb Markets, the round includes participation from major institutions in both traditional and decentralized finance, including BNP Paribas, Circle Ventures, Citadel Securities, The Depository Trust & Clearing Corporation (DTCC), Goldman Sachs, IMC, Liberty City Ventures, Optiver, Paxos, Polychain Capital, QCP, Republic Digital, 7RIDGE, and Virtu Financial.

This funding accelerates institutional and decentralized finance adoption on the Canton Network, the only public, permissionless Layer-1 blockchain that offers configurable privacy and institutional-grade compliance at scale. The capital will rapidly expand the integration of hundreds of billions of real-world assets (RWAs) onto Canton, building upon its already substantial deployment of diverse asset classes, including bonds, money market funds, alternative funds, commodities, repurchase agreements (repos), mortgages, life insurance, and annuities.

Read the full article published by Digital Asset here.

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Digital Asset Raises $135 Million to Accelerate Adoption of Canton Network

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