#Shinhan

Shinhan Investment Securities invests in Canton Network operator Digital Asset

Shinhan Investment Securities and Shinhan Venture Investment have officially invested in Digital Asset, the technology firm behind the Canton Network, as part of a broader $355 million funding round led by a16z Crypto. This strategic move aims to bolster Shinhan Financial Group's capabilities in digital asset tokenization and blockchain infrastructure tailored for regulated financial institutions. The Canton Network serves as a privacy-focused, public layer-1 blockchain designed specifically to meet the stringent compliance and interoperability requirements of the global financial sector. By participating in this funding, Shinhan seeks to integrate its operations with a platform that facilitates the migration of regulated assets and operational procedures into an on-chain environment. This investment follows a memorandum of understanding signed last month between Digital Asset, Shinhan Investment Securities, and Shinhan Asset Management to foster long-term collaboration. The partnership underscores a growing trend among major financial institutions to secure foundational blockchain technology that balances institutional privacy with public network accessibility. Ultimately, this development highlights the increasing institutional commitment to building a global, compliant infrastructure for the future of tokenized real-world assets.

digitaltoday.co.kr·2h ago