group-telegram.com/startups/2193
Last Update:
Digital Asset, the New York–based blockchain infrastructure firm, has raised $135M in a fresh funding round backed by Goldman Sachs, Citadel Securities, BNP Paribas, Virtu, and DTCC. The round was led by Tradeweb and DRW’s VC arm to accelerate adoption of the Canton Network, a privacy-preserving blockchain for regulated finance.
• Canton enables atomic settlement and tokenization of assets like bonds, repos, and funds
• Built for compliance and privacy — unlike public chains — using Digital Asset’s Daml smart contract language
• Positioned as a “network of networks” for interoperable, institutional finance
• Live since 2024, Canton supports trillions in tokenized assets across finance and trading
• Used by Tier 1 players including Goldman, Deutsche Börse, DTCC, and now Citadel
• Designed to allow asset managers, custodians, and banks to build compliant blockchain applications
• Digital Asset CEO Yuval Rooz says the raise “cements blockchain’s transformative promise”
• New funding to onboard more financial institutions and asset classes
• Strategic push as Wall Street shifts from blockchain pilots to production-scale adoption
Digital Asset is quietly becoming the plumbing layer for the next generation of financial markets.