#DigitalAsset

11 articles tagged #DigitalAsset — curated RWA tokenization coverage.

#CantonNetwork #InstitutionalFinance #Tokenization #BlockchainInfrastructure #Daml #ADIA #CyberSecurity #DeFi #DTCC #InstitutionalBlockchain

News Explorer — Canton Network Creator Digital Asset Raises $355 Million to Power Wall Street's Crypto Embrace

9.0

Infrastructure

News Explorer — Canton Network Creator Digital Asset Raises $355 Million to Power Wall Street's Crypto Embrace

Digital Asset, the developer behind the Canton Network, has successfully raised $355 million in a new funding round to accelerate the adoption of blockchain technology within traditional financial institutions. This significant capital injection underscores the growing institutional appetite for interoperable, privacy-enabled distributed ledger technology that meets the stringent regulatory requirements of Wall Street. The Canton Network is designed to connect disparate financial systems, allowing for the seamless tokenization and settlement of assets across institutional silos. By providing a framework that balances transparency with data privacy, Digital Asset aims to solve the fragmentation issues currently hindering large-scale RWA adoption. This investment signals a major shift as global banks and asset managers move from experimental pilots to production-grade infrastructure. The ability to bridge legacy systems with blockchain-based workflows is critical for the future of global capital markets. Ultimately, this funding round validates the infrastructure-first approach to tokenization, positioning the Canton Network as a foundational layer for the next generation of regulated financial services.

#CantonNetwork

7.5

Infrastructure

Canton Network's Design Seen as Guard Against State-Sponsored Hacks, Says Digital Asset CEO

Digital Asset CEO Yuval Rooz highlights that financial institutions are increasingly prioritizing security against state-sponsored hacking groups, particularly those linked to North Korea, which have stolen over $6 billion since 2017. The April 2026 Kelp DAO exploit, resulting in a $290 million loss, underscored the vulnerability of DeFi protocols to sophisticated, multi-month infiltration campaigns. In response, the DeFi United initiative successfully raised 132,650 ETH, valued at approximately $303 million, to mitigate losses for affected users. Rooz argues that the Canton Network, a public, permissioned blockchain launched in 2024, offers a superior architecture for institutions by allowing participants to implement specific guardrails on subnets and assets. This design aims to prevent illicit actors from operating within the network, addressing the fiduciary obligations of traditional financial entities. The discourse surrounding these security measures reflects a broader tension between the permissionless ethos of DeFi and the necessity of safety parameters for institutional adoption. Ultimately, Rooz suggests that the ability to restrict bad actors is transitioning from a controversial design choice to an essential baseline requirement for the future of RWA and institutional blockchain infrastructure.

#CantonNetwork #DeFi #DigitalAsset

coinmarketcap.com·Jul 6

Tradeweb Completes a Real-Time Tokenized Treasury Trade Using USDCx and Canton Settlement

9.5

Infrastructure

Tradeweb Completes a Real-Time Tokenized Treasury Trade Using USDCx and Canton Settlement

The Canton Network has introduced Logical Synchronizer Upgrades to facilitate automatic and routine protocol enhancements, aiming to improve operational reliability for institutional finance. This infrastructure upgrade supports parallel processing, which is critical for the Depository Trust & Clearing Corporation's initiative to tokenize Russell 1000 constituents, ETFs, and U.S. Treasury bonds across the Stellar and Canton networks. Digital Asset, the developer behind Canton, recently secured $355 million in funding led by a16z crypto to scale these capabilities. Major financial players are actively leveraging this architecture, with Visa and Brale conducting a proof-of-concept for stablecoin settlement and SG-FORGE integrating EURCV and USDCV stablecoins for on-chain asset settlement. Additionally, Bitwise has expanded the ecosystem's reach by launching the Canton ETP on Deutsche Börse Xetra. These developments signify a shift toward high-reliability, interoperable institutional settlement layers. By streamlining upgrades and supporting diverse asset classes, the Canton Network is positioning itself as a foundational layer for global financial market infrastructure.

#Tokenization #CantonNetwork #InstitutionalFinance

crypto-economy.com·Jul 2

Canton Network Targets $300M Raise at $2B Valuation

9.0

Infrastructure

Canton Network Targets $300M Raise at $2B Valuation

Digital Asset is seeking a $300 million funding round that would value the company at $2 billion, marking its largest capital raise to date. This follows a series of significant investments from major financial institutions including Goldman Sachs, BNY Mellon, and Nasdaq. The Canton Network, a permissionless layer-1 blockchain, serves as the core infrastructure for these institutional workflows by utilizing Daml smart contracts to ensure transaction privacy. With over $6 trillion in tokenized assets already processed, the network has successfully integrated high-profile participants like Visa as a Super Validator. The potential raise highlights a trend where large-scale capital continues to flow into specialized infrastructure despite a broader decline in overall crypto venture deal counts. By prioritizing protocol-level confidentiality, Canton addresses a critical barrier for traditional finance firms looking to move assets on-chain. This development underscores the growing institutional appetite for private, compliant blockchain environments that can bridge the gap between legacy systems and decentralized finance.

#Tokenization #CantonNetwork #InstitutionalFinance

coinmarketcap.com·Jun 30

Canton Network Rolls Out New Synchronizer Architecture Built for High‑Reliability Onchain Finance

9.5

Infrastructure

Canton Network Rolls Out New Synchronizer Architecture Built for High‑Reliability Onchain Finance

Digital Asset has successfully raised $355 million to accelerate the development and scaling of the Canton Network, with a16z crypto spearheading the investment round by contributing $100 million. This significant capital injection values the company at $2 billion, underscoring growing institutional confidence in privacy-enabled blockchain infrastructure. The Canton Network is increasingly positioned as a critical settlement layer, evidenced by recent collaborations such as the proof-of-concept launched by Visa and Brale to test the SBC stablecoin for institutional transactions. Furthermore, the Depository Trust & Clearing Corporation (DTCC) has expanded its footprint by tokenizing Russell 1000 constituents, ETFs, and U.S. Treasury bonds across both the Stellar and Canton networks. These developments collectively signal a shift toward interoperable, regulated financial rails that prioritize privacy and cross-chain settlement efficiency. By integrating traditional financial giants with advanced distributed ledger technology, these initiatives aim to modernize legacy clearing and settlement processes. The maturation of the Canton ecosystem represents a pivotal step in bridging the gap between institutional finance and decentralized infrastructure.

#Stablecoins #Tokenization #CantonNetwork

crypto-economy.com·Jun 29

Canton Network Tops Blockchain Fee Rankings With $60M in 30 Days

8.0

Infrastructure

Canton Network Tops Blockchain Fee Rankings With $60M in 30 Days

The Canton Network, a privacy-enabled interoperable blockchain network designed for institutional assets, has generated $60 million in transaction fees over a 30-day period. This performance places the network at the top of blockchain fee rankings, signaling significant institutional activity and adoption within the financial sector. Developed by Digital Asset, the network utilizes the Daml smart contract language to facilitate secure, cross-chain interactions for regulated entities. The high fee generation underscores a growing demand for permissioned, enterprise-grade infrastructure capable of handling complex financial workflows. By enabling seamless connectivity between disparate systems, Canton Network addresses critical fragmentation issues that have historically hindered institutional blockchain integration. This milestone highlights the shift toward specialized, high-utility networks that prioritize compliance and privacy over public, permissionless alternatives. As financial institutions increasingly tokenize assets, the ability of such networks to capture substantial economic value demonstrates the maturing state of the RWA ecosystem.

#CantonNetwork #InstitutionalFinance #Interoperability

thedefiant.io·Jun 26

Canton Network Creator Raises $355 Million From Wall Street Giants

9.0

Infrastructure

Canton Network Creator Raises $355 Million From Wall Street Giants

Digital Asset, the creator of the Canton Network, has successfully raised $355 million in a financing round that values the company at approximately $2 billion. This significant investment was led by Andreessen Horowitz’s a16z crypto division and attracted participation from a powerhouse consortium of global financial institutions, including HSBC, BNP Paribas, Citadel Securities, and CME Ventures. The Canton Network is a blockchain infrastructure specifically engineered to meet the stringent privacy and regulatory compliance requirements of traditional capital markets. By enabling interoperability while maintaining strict data controls, the platform addresses the primary barriers that have historically prevented large banks from adopting distributed ledger technology. This funding round signals a major shift as traditional financial giants move from experimental pilots to treating blockchain as a long-term strategic priority for modernizing trading and settlement. The involvement of major market infrastructure players like Tradeweb and S&P Global underscores the industry's commitment to integrating blockchain into mainstream financial operations. Ultimately, this capital injection is expected to accelerate the development of the Canton ecosystem, positioning it as a foundational layer for the emerging multi-trillion-dollar tokenized asset market.

#Tokenization #CantonNetwork #InstitutionalFinance

hokanews.com·Jun 22

JSCC To Test Japanese Government Bonds on Canton Network

8.0

U.S. Treasuries

JSCC To Test Japanese Government Bonds on Canton Network

The Japan Securities Clearing Corporation (JSCC) has launched a trial to test the tokenization of Japanese Government Bonds (JGBs) on the Canton Network. Conducted in collaboration with Mizuho Financial Group, Nomura Holdings, and Digital Asset, the project aims to determine if JGBs can be managed on-chain while maintaining compliance with the Book-Entry Transfer Act and the Financial Instruments and Exchange Act. This initiative, supported by Japan's Financial Services Agency, evaluates the integration of existing financial infrastructure with blockchain rails to facilitate real-time, 24/7 collateral transactions. The pilot also explores cross-border settlement scenarios, building upon a previous December 2025 Canton Network trial that successfully utilized tokenized U.S. Treasuries as collateral. While no commercial rollout is currently scheduled, the findings are intended to inform future regulatory policy regarding digital assets. By testing one of the world's largest sovereign bond markets, the project seeks to enhance collateral efficiency within established legal frameworks. This development aligns with broader global trends, including the United Kingdom's recent exploration of digital sovereign debt via the Bank of England's Digital Securities Sandbox.

#Tokenization #CantonNetwork #DigitalAsset

coinmarketcap.com·Jun 21

9.0

Infrastructure

Canton Network’s $355M Raise: Why CC Is Becoming a Wall Street Infrastructure Bet

Digital Asset successfully secured $355 million in a June 2026 funding round led by a16z crypto, pushing the company's valuation to approximately $2 billion. This capital injection aims to accelerate the development of the Canton Network, positioning it as a primary settlement backbone for institutional tokenized assets. The round attracted a diverse group of strategic investors, including sovereign wealth funds, global exchange operators, and major banks, signaling a shift from pilot-stage experimentation to production-grade financial infrastructure. With over 700 ecosystem participants, the network emphasizes private-by-default interoperability, which is critical for regulated entities managing sensitive financial data. Digital Asset also filed an S-1 for a trust holding Canton Coin (CC), which reported a circulating supply of 38.2 billion tokens as of March 31, 2026. For the RWA market, this development is significant because it provides a dedicated, permissioned environment for high-friction workflows like collateralized repo and structured products. Ultimately, the success of this initiative will depend on the network's ability to convert these institutional partnerships into live, high-volume production deals.

#RWA #Tokenization #CantonNetwork

cryptodaily.co.uk·Jun 14

ADIA Backs Canton Network Creator - Sovereign Wealth Fund Institute

8.0

Infrastructure

ADIA Backs Canton Network Creator - Sovereign Wealth Fund Institute

Digital Asset, the creator of the Canton Network, has successfully secured $355 million in a new funding round. This significant capital injection was led by a16z crypto, the venture capital arm of Andreessen Horowitz, and saw participation from a diverse group of global financial institutions. Notable investors include the Abu Dhabi Investment Authority (ADIA), BNP Paribas, Citadel Securities, CME Group, and Apollo Funds. The Canton Network is designed to facilitate interoperability and privacy across institutional financial systems, aiming to bridge the gap between traditional finance and decentralized ledger technology. By attracting such a broad coalition of major banks, market makers, and sovereign wealth funds, the project reinforces the growing institutional commitment to blockchain-based financial infrastructure. This investment highlights the industry's focus on building scalable, compliant networks for tokenized assets and cross-institutional settlement. The involvement of ADIA and other major players underscores the strategic importance of this technology in modernizing global capital markets.

#CantonNetwork #InstitutionalFinance #BlockchainInfrastructure

swfinstitute.org·Jun 13

9.0

Infrastructure

Digital Asset raises $355 million to expand Canton network as institutional onchain infrastructure

Digital Asset has successfully raised $355 million in a new funding round to accelerate the expansion of the Canton Network, a blockchain-based infrastructure designed for institutional financial markets. The investment round attracted significant participation from major global financial institutions, including HSBC, BNP Paribas, Citadel Securities, CME Ventures, and Broadridge. This capital injection underscores a growing industry shift toward regulated, interoperable blockchain solutions that can support traditional and digital securities simultaneously. By enhancing the Canton Network, Digital Asset aims to provide the necessary plumbing for institutional-grade on-chain finance, addressing critical needs for privacy, scalability, and regulatory compliance. The involvement of such prominent market participants signals strong institutional confidence in the transition toward distributed ledger technology for core financial operations. This development is pivotal for the RWA market as it establishes the foundational infrastructure required to tokenize and trade complex financial assets at scale. Ultimately, the funding positions the Canton Network as a central hub for connecting disparate financial systems within a unified, secure, and compliant ecosystem.

#CantonNetwork #InstitutionalFinance #BlockchainInfrastructure

globalcustodian.com·Jun 11

#DigitalAsset

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