Canton Network Creator Snags Strategic Investment from Wall Street Giants
- Digital Asset secured investments from BNY, Nasdaq, S&P Global, and iCapital.
- BNY oversees $57 trillion in client assets, highlighting significant institutional backing.
- The Canton Network facilitates the issuance and trading of tokenized real-world assets on a shared ledger.
- Canton currently has $6 trillion in assets onchain with over 600 participating institutions.
- This investment follows a $135 million funding round led by firms like BNP Paribas and Goldman Sachs.
The investment demonstrates growing support from traditional financial firms for blockchain infrastructure tailored for regulated markets. The Canton Network aims to combine decentralization with compliance safeguards essential for legacy finance.
With over $6 trillion in assets onchain and backing from major investors, Digital Asset is positioned as a leader in developing compliant blockchain solutions for institutions.(Source)
