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Digital Asset, the developer of the Canton blockchain network, has raised $135 million in a funding round led by DRW Venture Capital and Tradeweb Markets. The round also saw participation from prominent financial firms including Goldman Sachs, Citadel Securities, BNP Paribas, Circle Ventures, Paxos, The Depository Trust & Clearing Corporation (DTCC), IMC Trading, LC Ventures, Optiver Global, and Polychain Capital. The Canton network is a privacy-focused, permissioned blockchain designed for institutional use, with Digital Asset also known for developing the smart contract language Daml. The funds will be used to expand the types of assets supported on the platform and to foster ecosystem growth, accelerating adoption of the blockchain among regulated financial institutions.
Constellation Network's federal partnerships underscore leadership in secure blockchain: 🇺🇸DoD-vetted since 2019 for data integrity 🇺🇸US Air Force collaboration via SIMBA Chain on interoperability 🇺🇸IRON SPIDR toolkit with Kinnami for military applications 🇺🇸Forward Edge-AI https://t.co/qOVthbNVgA
📣New State of the Network: Canton Network Deep Dive In @coinmetrics' latest State of the Network, @TanayVed unpacks the architecture, incentives, and privacy-first design powering the @CantonNetwork - a public L1 blockchain purpose-built for institutional finance. Read the https://t.co/7KLNG4mOr4
📣New State of the Network: Canton Network Deep Dive In @coinmetrics' latest State of the Network, @TanayVed unpacks the architecture, incentives, and privacy-first design powering the @CantonNetwork - a permissioned “network of networks” purpose-built for institutional finance. https://t.co/xyhcZ8xxO8
