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Wall Street Pours $135M Into Blockchain That Moves Bonds On-Chain


Wall Street Pours $135M Into Blockchain That Moves Bonds On-Chain

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  • Digital Asset raised $135 million to grow its blockchain network.
  • Canton Network helps institutions move real-world assets on-chain securely.
  • Big investors include Goldman Sachs, BNP Paribas, and Circle Ventures.

Digital Asset, the company behind the Canton Network, has just raised $135 million in a new funding round. This major funding was led by DRW Venture Capital and Tradeweb Markets, with big names like Goldman Sachs, BNP Paribas, Circle Ventures, DTCC, Paxos, and Polychain Capital also joining in.

The Canton Network is the first public blockchain designed specifically for financial institutions. It allows them to move real-world assets (RWAs) like bonds, commodities, funds, mortgages, and life insurance on-chain while keeping data private and meeting strict financial regulations.

This move also shows a gr…

The post Wall Street Pours $135M Into Blockchain That Moves Bonds On-Chain appeared first on Coin Edition.

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