Digital Asset, a leading blockchain infrastructure company, has successfully raised $135 million in funding, marking one of the largest fintech rounds of the year. The round includes participation from high-profile investors such as DRW, BNP Paribas, Goldman Sachs, Citi, The Depository Trust & Clearing Corporation (DTCC), Polychain Capital, and Microsoft’s M12. This capital will accelerate the expansion of Canton Network, their open blockchain solution tailored for financial institutions and complex enterprise workflows.

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Revolutionizing Enterprise-Grade Blockchain

Founded with a mission to bridge institutional finance and decentralized tech, Digital Asset has focused on creating interoperable, secure, and scalable blockchain solutions. Its flagship product, the Canton Network, is designed to offer privacy, permissioning, and interoperability without sacrificing the integrity of decentralized networks.

Canton Network allows financial institutions to synchronize assets, data, and cash flows across multiple applications in a single secure environment. This offers a massive competitive edge over existing siloed solutions, where data fragmentation and cross-platform inefficiencies often slow down institutional operations.

CEO Yuval Rooz emphasized that this funding will deepen the company’s push into building infrastructure that facilitates seamless digital asset creation, transfer, and settlement across financial networks.

Rethinking the Interoperability Moat

In Web3 and enterprise blockchain, the moat isn’t just decentralization or cryptographic security - it’s in the orchestration layer.

Digital Asset isn’t simply offering another blockchain ledger; they’re solving the real bottleneck in institutional adoption: fragmented systems that don’t talk to each other. By providing a unified, permissioned infrastructure where apps and networks can coexist securely and efficiently, Digital Asset positions itself as the connective tissue of the future financial internet.

This is a critical lesson: when you're building for complex industries, the real innovation lies in how you connect the dots - not just in creating the dots themselves. Think less about just building tech, and more about building the rails everyone else can ride on.

Why It Matters Now

The fintech and digital asset landscape is rapidly evolving. With the global digital assets market projected to grow from $3.5 billion in 2022 to over $8 billion by 2027 (Statista, 2023), the need for reliable, compliant, and interoperable blockchain solutions is reaching critical mass.

Institutional players, once hesitant, are now aggressively exploring tokenization, real-time settlement, and decentralized finance tools - but legacy infrastructure has limited what’s possible. This is where Digital Asset delivers unparalleled value.

Their blockchain smart contract language, DAML, is already integrated into systems like the Australian Securities Exchange (ASX) and HKEX, and now, Canton Network is being seen as a critical backbone for the next generation of financial infrastructure.

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Backed by the Best

Digital Asset’s backers read like a who’s who of global finance. Participation from the DTCC, Citadel Securities, Tradeweb, BNP Paribas, and Microsoft’s M12 sends a strong message: institutions aren’t just experimenting with blockchain - they’re betting on it.

This investment round brings Digital Asset’s total raised capital to well over $300 million, and firmly cements it as a foundational layer in the blockchain infrastructure stack, akin to what Snowflake has become for cloud data platforms.

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The Bigger Vision

The Canton Network isn’t just a blockchain; it’s a decentralized mesh of interoperable systems that maintain privacy and enforce global financial regulations. It allows applications to retain control over their data and maintain confidentiality, while still reaping the benefits of synchronized transaction finality.

Digital Asset envisions a world where everything from securities and currencies to real estate and commodities can be tokenized and transacted on interoperable rails, unlocking trillions in value through efficiency, automation, and trustless execution.

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What’s Next for Digital Asset

With fresh capital in hand, Digital Asset is expected to:

• Scale Canton Network’s ecosystem with more institutional partners
  
• Expand developer tooling for DAML and smart contract orchestration
  
• Deepen integrations with global financial market infrastructure
  
• Launch new products that bring tokenization closer to retail use cases
  

In a world where most blockchain projects struggle to find real-world application, Digital Asset is doing the opposite - bringing blockchain to the very center of the real world.