Wall Street Heavyweights Back Builder of Canton, a Network That Supports $6T Onchain Assets

Digital Asset, the firm behind the Canton Network (CC), announced it has received strategic investments from major traditional financial players, including BNY, Nasdaq, S&P Global, and iCapital. This funding round underscores growing support from legacy financial firms for blockchain infrastructure tailored for regulated markets. The Canton Network is specifically designed to allow institutions to issue and trade tokenized real-world assets, like bonds and funds, on a shared ledger while ensuring privacy and compliance. CEO Yuval Rooz noted that institutions recognize the need for purpose-built blockchain infrastructure. This investment follows a significant $135 million funding round in June and comes as the Canton Network already supports $6 trillion of assets onchain with over 600 participating institutions.

(Source：CoinDesk)