Digital Asset raises $135m to drive blockchain adoption in financial markets

From Yahoo Finance: 2025-06-24 08:28:00

Digital Asset, creator of the privacy-focused Canton Network, raises $135m to drive blockchain adoption in global financial markets. Investors include Circle Ventures, Goldman Sachs, and BNP Paribas. Canton Network, a public, permissionless blockchain, aims to tokenize real-world assets like bonds and commodities. CEO Yuval Rooz sees this as a major step towards institutional blockchain adoption.

The Canton Network, with key backers like DRW and Goldman Sachs, is gaining traction in financial markets. CEO Don Wilson views this funding round as pivotal for market transformation. Tradeweb CEO Billy Hult praises Canton for addressing real financial challenges. The network’s growth signals readiness for mainstream finance and market structure innovation.

Goldman Sachs reaffirms commitment to blockchain and digital assets through investment in Digital Asset. Other investors, like QCP, see Canton as a bridge between DeFi and traditional finance. With blockchain maturing, Canton Network’s momentum signifies a shift in capital markets. Digital Asset aims to integrate decentralised infrastructure into the global financial system.

The raise showcases blockchain’s potential in finance, emphasizing privacy and regulatory compatibility. Goldman Sachs and QCP support Canton’s role in institutional finance. Canton’s design as a bridge between DeFi and traditional finance garners industry support. Digital Asset’s focus on decentralised infrastructure sets the stage for blockchain integration in global finance.

Read more: Digital Asset secures $135m to advance blockchain integration