Digital Asset secures $135m to advance blockchain integration

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Digital Asset, the company that is behind the Canton, which focuses on the privacy network, has raised $ 135 million in a major fundraising tour to accelerate Blockchain’s accreditation in global financial markets.

The DRW Venture Capital and Tradewebe market led the strategy to raise, which attracted a wide range of participants from the financial and traditional coded currencies. Among the investors include Circle, BNP Paribas, Citadel Securities, Goldman Sachs, DTCC, Paxos, Polychain Capital, QCP and Virtu Financial.

Funds will be used to expand the Canton network, which is the Blockchain group for the only public layer that is not designed with configuration and compliance privacy.

With almost 400 active organizations on the network, a canton is placed in the infrastructure mode to reach the distinctive symbol and trading real assets (RWAS) such as bonds, goods, re -real estate and insurance products.

“This financing is validated by the inevitability of what we envisioned for years: a group of general Blockchain that supports privacy specifically designed for institutional adoption. Institutional reality,” Yuval Rooz, co -founder and CEO of Digital Asset:

The Canton Network witnessed a rapid growth, supported by long -term partnerships with major financial institutions. Many investors, such as DRW, Goldman Sachs, Tradeweb and QCP, have already played important roles in governance, infrastructure, or network application development through the Synchroniser International Foundation.

Don Wilson, the founder and CEO of DRW, stressed the importance of this funding as an incentive for the long -term market transformation: “Today, the main players joined the encryption and traditional financing to digital assets in its mission to stimulate the following development in the markets. Canton is reinforced as an actual side of the global side mobility.

Billy Hold, CEO of Tradeweb, praised the practical benefit of the platform: “Digital assets and linen in facing the real world challenges in the financial markets, not only theoretical concepts. We are excited to support these digital classes, and we see that there is a sign that this network is ready to subscribe. Motivates to re -imagine the market structure and reshape it, open the efficiency of the workflow and accelerate the shift towards electronic markets. “