Canton Network Raises $135M to Boost Privacy-Enabled Blockchain for Institutional Digital Finance
June 24, 2025
Canton Network has experienced significant growth, now boasting nearly 400 ecosystem participants, reflecting increasing interest from traditional finance sectors.
Digital Asset, the company behind the Canton Network, has successfully secured $135 million in a funding round led by DRW and Tradeweb, with notable participation from Goldman Sachs, Citadel, and BNP Paribas.
CEO Yuval Rooz emphasized that this funding milestone is crucial for accelerating the onboarding of various asset classes onto a privacy-enabled blockchain, reinforcing the company's vision for institutional digital finance.
The Canton Network is designed to serve as critical infrastructure for institutional digital asset adoption, addressing significant barriers such as privacy, compliance, and scalability.
Rooz also highlighted the platform's unique privacy features, allowing users to customize privacy settings for their assets, which facilitates the coexistence of fully private and public assets.
These developments reflect a growing institutional interest in cryptocurrency, with both the funding for Canton and the launch of new products like stablecoins indicating a shift towards a more crypto-centric financial future.
The real-world asset (RWA) market has seen remarkable growth, increasing by over 260% in the first half of 2025, with a total valuation surpassing $23 billion.
Goldman Sachs and BNP Paribas have been long-term partners with Canton since 2023, demonstrating their commitment to blockchain technology and its potential in finance.
Mathew McDermott from Goldman Sachs reiterated the bank's dedication to promoting digital assets, acknowledging the foundational role of Digital Asset's technology in developing a blockchain-based financial system.
Industry leaders, including Don Wilson from DRW, expressed optimism about the Canton Network's potential to transform market structures and enhance efficiency in financial transactions.
Previous pilot programs demonstrated the interoperability of 22 independent distributed ledger applications, showcasing the ability to conduct secure transactions while maintaining necessary privacy controls.
Wilson also noted that the funding signifies major support from both crypto and traditional finance sectors, positioning Canton as a leading protocol for global collateral mobility.
Summary based on 9 sources
Get a daily email with more Crypto stories
Sources

Cision PR Newswire • Jun 24, 2025
Digital Asset Raises $135 Million to Accelerate Adoption of Canton Network
CoinDesk • Jun 23, 2025
Digital Asset, Builder of Privacy-Focused Blockchain Canton, Raises $135M
Cointelegraph • Jun 24, 2025
Digital Asset raises $135M to scale Canton blockchain network