Digital Asset, a leading institutional-grade blockchain provider, has successfully garnered $135 million in a strategic investment round. The funding is aimed at amplifying the adoption of institutional and decentralized finance on its Canton Blockchain Network.
The capital injection was led by DRW Venture Capital and Tradeweb Markets, with significant contributions from financial giants such as Goldman Sachs, Citadel Securities, BNP Paribas, and the Depository Trust & Clearing Corporation. Crypto-centric entities like Paxos, Polychain Capital, and Circle Ventures also participated in the funding round.
The Canton Network, a permissionless layer-1 blockchain, provides adjustable privacy and institutional-grade compliance. The freshly acquired capital will aid Digital Asset in incorporating “billions” of Real-World Assets (RWAs) into the network.
Launched in May 2023, the Canton Network was a collaborative effort between Digital Asset, Microsoft, Goldman Sachs, and Deloitte. Following its launch, the network has seen substantial adoption, with over 350 simulated transactions executed by institutional investors through distributed ledger technology.
Digital Asset and its partners aim to accelerate the integration of more real-world assets, fulfilling blockchain’s transformative potential at an institutional scale. Meanwhile, the RWA market has seen robust growth, exceeding $23 billion in total value in the first half of 2025.
Recent developments in the RWA industry include Alchemy Pay’s expansion into tokenized US investment products and Guggenheim’s digital commercial paper offering through a partnership with Ripple.
