In a significant development for blockchain infrastructure, Digital Asset announced that it had secured $135 million in a strategic funding round to advance its Canton Network. (Source: Digital Asset) The funding round was led by DRW Venture Capital and Tradeweb Markets, with participation from major financial institutions.
The Canton Network, launched in May 2023, is designed for institutional-grade compliance and aims to integrate "billions" of real-world assets (RWAs). The Global Synchronizer Foundation (GSF) was established in July 2024 to govern the network. (Source: Digital Asset)
By March 2025, Goldman Sachs and Moody's Ratings joined the GSF, reinforcing the adoption of decentralized financial infrastructure. The total RWA market increased by over 260% during the first half of 2025, surpassing $23 billion in total valuation. (Source: Digital Asset)