Digital Asset has secured $135 million in a funding round aimed at expanding its privacy-focused blockchain, Canton Network. The investment, led by DRW Venture Capital and Tradeweb Markets, saw participation from notable institutions including BNP Paribas, Citadel Securities, and Paxos. Digital Asset's Canton Network has already tested tokenized assets with major firms like Goldman Sachs and BNY Mellon, emphasizing configurable privacy settings. CEO Yuval Rooz explained that assets on Canton can feature varying privacy levels, enabling coexistence of public and private assets on the same network. The capital raised will help broaden the use of real-world assets (RWAs) on Canton, which currently include bonds, mortgages, and life insurance among others. DRW’s CEO noted that the investment boosts momentum for Digital Asset's mission in transforming market infrastructures with the Canton Blockchain, further establishing it as a key player in global collateral mobility.

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