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Canton developer Digital Asset completes US$135 million in financing, led by DRW Venture Capital and others

According to online reports, Digital Asset, developer of the privacy blockchain network Canton Network, completed a US$135 million financing. This round of financing was led by DRW Venture Capital and Tradeweb Markets, with BNP Paribas, Circle Ventures, Citadel Securities, American Depository Trust and Clearing Corporation (DTCC), Virtu Financial, Paxos and others participating. The Canton Network launched by Digital Asset makes configurable privacy one of its core functions and has attracted institutions including Goldman Sachs and Bank of New York Mellon to test real-world assets (RWA) on the platform. The real-world asset categories covered by Canton Network include bonds, money market funds, alternative funds, commodities, repurchase agreements, mortgages, life insurance and annuity products.

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