Wall Street Backs Digital Asset as Canton Network Expansion Accelerates

Digital Asset, the blockchain technology company powering the Canton Network, announced new strategic investments from four major traditional finance institutions, reinforcing Wall Street’s rapid adoption of regulated blockchain infrastructure. The latest investors include BNY, which oversees $57 trillion in client assets, global exchange operator Nasdaq, financial intelligence leader S&P Global, and fintech platform iCapital, backed by firms such as BlackRock, Blackstone, and JPMorgan. While the investment amount was not disclosed, the participation of these heavyweight institutions signals increasing confidence in enterprise-grade blockchain solutions.

The Canton Network has emerged as one of the most significant blockchain initiatives designed specifically for regulated financial markets. Built to enable institutions to issue, trade, and manage tokenized real-world assets—including bonds, loans, and investment funds—the network combines the interoperability and decentralization of public blockchains with the privacy, security, and compliance standards required by traditional finance. This approach aims to solve long-standing industry challenges around fragmented systems, slow settlement times, and limited transparency.

Digital Asset CEO Yuval Rooz emphasized that financial firms now recognize the necessity of purpose-built blockchain infrastructure to support the future of tokenized assets. The new investment follows Digital Asset’s $135 million funding round in June, backed by major institutions including BNP Paribas, TradeWeb, Goldman Sachs, DRW, and Citadel Securities, highlighting the company’s accelerating momentum.

According to Digital Asset, the Canton ecosystem already hosts more than $6 trillion in tokenized assets, with participation from over 600 global institutions. As demand for tokenization continues to grow, the backing of established Wall Street players further solidifies Canton’s position as a leading network for regulated digital asset transactions and scalable blockchain adoption across capital markets.