Digital Asset Secures $135M to Boost Canton Privacy Network 

The firm behind the Canton Network secured funding from investors, including DRW Venture Capital, Tradeweb Markets and other financial institutions, on June 24, 2025. Digital Asset aims to accelerate enterprise use of its blockchain for tokenizing real-world assets with customizable privacy settings.

Cross-Industry Investor Participation

Participants in the round included traditional finance and crypto firms such as BNP Paribas, Circle Ventures, Citadel Securities, DTCC, Virtu Financial and Paxos. The cross-industry interest reflects demand for permissioned blockchain solutions among institutional players.

Canton Network has undergone real-world asset trials with firms like Goldman Sachs and BNY Mellon. The platform demonstrates configurable privacy where assets can coexist with differing visibility models on a single network.

Protocol Features and Use Cases

Digital Asset CEO Yuval Rooz said Canton allows users to choose privacy settings per asset, enabling scenarios from fully transparent to fully private transactions on the same network. The protocol supports sub-transaction privacy where parties only see transaction parts that apply to them, ensuring GDPR compliance through data minimization.

Canton enables global composability, allowing different applications to interoperate while digital assets and workflows move between participant nodes across multiple ledgers. The system maintains integrity by ensuring ledgers remain in valid states even with malicious actors present, while offering horizontal scalability with no upper bound on transaction processing speed.

With trillions of dollars' worth of real-world assets already leveraging the Canton Blockchain, this next round of funding creates significant momentum for the company, and cements Canton as the de facto protocol for global collateral mobility,

DRW founder and CEO Don Wilson believes.

Digital Asset plans to use the capital to enhance protocol features, expand integration efforts and onboard additional institutional partners. Earlier tests involved tokenized deposits, syndicated loans and other real-world asset scenarios, validating interoperability and privacy controls.