Digital Asset, a provider of institutional blockchain infrastructure, has raised $135 million in a funding round led by DRW Venture Capital and Tradeweb Markets, featuring investment from major players like Goldman Sachs and Citadel. This funding aims to accelerate the adoption of both institutional and decentralized finance on the Canton Network, a decentralized layer-1 blockchain known for its configurable privacy and compliance features. Digital Asset plans to integrate significant amounts of real-world assets (RWAs) into the network with the new capital. The Canton Network has been actively supporting various asset classes and has seen participation from leading financial institutions, enhancing its capabilities in areas such as tokenized assets and digital cash. The RWA market has also surged, reaching a total value exceeding $23 billion, showing significant growth amid increasing regulatory clarity. With this investment, Digital Asset aims to position the Canton Network as a cornerstone for institutional-grade blockchain applications.

Source šŸ”—