Digital Asset Secures $135 Million to Expand Canton Blockchain Network
In a significant advancement for blockchain infrastructure, Digital Asset has raised $135 million in funding to scale its Canton Network. The investment round was led by DRW Venture Capital and Tradeweb Markets, with participation from financial leaders including Goldman Sachs, Citadel Securities, and BNP Paribas. This capital will accelerate development of the network’s capabilities for tokenizing real-world assets (RWAs), creating new opportunities at the intersection of traditional and decentralized finance.
The Canton Network: Institutional-Grade Blockchain Infrastructure
The permissionless layer-1 Canton Network provides financial institutions with:
- Customizable privacy controls
- Enterprise-level compliance features
- Scalable architecture for asset tokenization
Since its May 2023 launch with partners including Microsoft and Deloitte, the network has processed over 350 simulated transactions across multiple asset classes as of March 2024.
Growth of Real-World Asset Tokenization
The RWA sector experienced 260% growth in the first half of 2025, reaching a $23 billion market valuation. This expansion reflects:
- Clearer regulatory frameworks
- Growing institutional adoption
- Blockchain’s efficiency advantages
Digital Asset has demonstrated the network’s capabilities through successful pilots with Euroclear and the World Gold Council, tokenizing assets including gold and government bonds.
Industry Perspective
“Canton represents a major step toward institutional blockchain adoption,” said Yuval Rooz, Digital Asset’s CEO. “This funding will help bring blockchain’s transformative potential to traditional finance at scale.”
Future Development
The investment will support onboarding billions of dollars worth of RWAs to the Canton Network, establishing new standards for asset management and financial transactions.
