Digital Asset raises $135M to scale Canton blockchain network

Digital Asset raised $135 million from Goldman Sachs, Citadel and others to scale its Canton Network and drive tokenization of real-world assets in finance.

Institutional blockchain infrastructure provider Digital Asset has raised $135 million from investors including Goldman Sachs and Citadel.

According to a Tuesday announcement, Digital Asset raised $135 million in a strategic funding round led by DRW Venture Capital and Tradeweb Markets, with participation from financial heavyweights including Goldman Sachs, Citadel Securities, BNP Paribas and the Depository Trust & Clearing Corporation. Crypto-focused backers included Paxos, Polychain Capital and Circle Ventures.

Digital Asset said the funding is intended to accelerate the adoption of institutional and decentralized finance on its Canton Network.

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