Digital Asset Holdings has raised $135 million in a strategic financing led by DRW Venture Capital and Tradeweb Markets, with participation from Goldman Sachs, Citadel Securities, BNP Paribas, Circle Ventures and several other traditional-finance and crypto backers. The New York-based software firm develops Daml smart-contract technology and the Canton Network, an open-source, privacy-enabled blockchain designed for regulated financial institutions. Chief Executive Officer Yuval Rooz said the fresh capital will accelerate onboarding of additional real-world assets and expand the range of asset classes available on Canton. The network already supports tokenized bonds, money-market funds, commodities and other instruments and counts nearly 400 participants. The latest round underscores growing Wall Street demand for blockchain infrastructure that meets regulatory and confidentiality requirements.
Privacy-first institutional L1 blockchain @cantonnetwork (by @digitalassetcom) raised $135M in a funding round led by @DRWTrading, @Tradeweb, with participation from @BNPParibas, @circle_ventures, @citsecurities, @the_dtcc, @goldmansachs, @IMCtrading, @LCVentures, @OptiverGlobal, https://t.co/DNSbE1Eo5k
Privacy-first institutional L1 blockchain @digitalassetcom raised $135M in a funding round led by @DRWTrading, @Tradeweb, with participation from @BNPParibas, @circle_ventures, @citsecurities, @the_dtcc, @goldmansachs, @IMCtrading, @LCVentures, @OptiverGlobal, @Paxos, @polychain, https://t.co/YvPzKO9DYs
[THE BLOCK] Canton blockchain developer Digital Asset raises $135 million in Goldman Sachs-backed round to accelerate adoption $GS