Wall Street Invests in $135M Round from Digital Asset

Institutional Infrastructure Provider Blockchain Digital Asset has increased $ 135 million from investors including Goldman Sachs and Citadel.

As Tuesday notificationThe digital asset received $ 135 million in strategic financing led by DRW Venture Capital and Tradeweb Markets, with the participation of financial heavy weights including Goldman Sachs, Citadel Securities, BNP Paribas and Trust & Clearing Corporation depositors. Crypto-demented supporters included Paxos, Polychain capital and circular businesses.

Digital Asset said that funding should speed up the adoption of institutional and decentralized funds on its canton network.

Canton Network is a free blockchain that offers configurable compliance with privacy and institutional class. With the new capital, he hopes that digital assets will expand the integration of the “billions” of the real world (RWAS) into the network.

Digital assets did not respond to the request of Caintelegraph by publishing.

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Institutional acceptance of Canton Network

Digital asset and a group of companiesIncluding Microsoft, Goldman Sachs and Deloitte, Canton Network announced in May 2023. In September 2024, Digital Asset and Department Trust & Clearing Corporation (DTCC) have completed their American treasury collateral network pilot project in Canton Network.

At the beginning of October 2024, Digital Asset completed another big pilot project with Clearing and the EUROCLEAR Settlement Service, the World Golden Council and the Global Law Firm Clifford Chance. As part of this initiative there were gold and bonds – Eurobonds and gilts – Tokenized in Canton Network.

Since mid -March 2024, Canton Network saw institutional investors Make more than 350 simulated transactions Through the distributed book technology in areas such as tokenized assets, fund register, digital cash, repo, loan securities and margin management. Tests included 15 asset managers, 13 banks, four administrators, three exchanges and paxos. Yuval Rooz, co -founder and CEO of Digital Asset, said:

“Canton already actively supports a number of activ-D bond classes after alternative funds-this increases this increase on board even more assets in the real world, which eventually does a transformation promise of blockchain as an institutional reality.”

Related: Robinhood suggests SEC rules for tokenized assets in the real world

Asset in the real world sees sharp growth

RWAS in the first half of 2025 rose in the middle of the growing regulatory brightness. The overall RWA market has increased by More than 260% during the first half of 2025It exceeds the total award of $ 23 billion.

The RWA industry is a hot place of development. At the beginning of this month, the Payment Platform of Cryptocurrency Alchemy pays Extended to RWAS through a new partnership It supported and enabled access to tokenized US investment products with the tokenization company.

Also this month, American investment manager Guggenheim expanded its offer of digital commercial paper Through partnership with Ripple. As a result, a fixed -income product will be available on the XRP book.

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