Digital Asset has received a new strategic investment from major financial institutions, including BNY, iCapital, Nasdaq and S&P Global. This funding supports the continued development of the Canton Network, a privacy-enabled blockchain designed to facilitate the convergence of traditional finance and decentralised finance. The collaboration highlights a wider industry shift towards an “AllFi” future, combining the benefits of decentralisation with the legal certainty and regulatory compliance required by global markets.
The Canton Network serves as a public, permissionless Layer-1 blockchain offering institutional-grade compliance and configurable privacy. It currently underpins over $6 trillion in onchain real-world assets, with participation from more than 600 institutions. The platform supports a diverse set of financial use cases, including bonds, equities, money market funds, commodities and insurance products, positioning itself as a critical component of next-generation financial market infrastructure.
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