- Major financial institutions, including Bank of America and Circle, utilized the Canton Network for treasury financing and asset conversion.
- Goldman Sachs and YZi Labs invest in Digital Asset, the creator of the Canton Network, based in the UAE.
Digital Asset, the firm behind the Canton Network, secured funding from major investors including BNP Paribas, Citadel Securities, Goldman Sachs, and Virtu Financial.
2 reports, 0 independent
Updated Jun 24
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Digital Asset, the firm behind the Canton Network, secured funding from major investors including BNP Paribas, Citadel Securities, Goldman Sachs, and Virtu Financial.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Shinhan Financial Group supports institutional adoption in the region, while Standard Chartered adds SC Ventures to Digital Asset's funding round.Sub-event
- Several major financial institutions, including HSBC, Goldman Sachs, and BNP Paribas, participated in the Canton ecosystem.Sub-event
- Digital Asset raised funding, with Goldman Sachs playing a governance role, positioning Canton for RWA tokenization.
- BNP Paribas is a potential enterprise user of Canton, while Goldman Sachs is courting to test RWAs on the network.
Keep exploring
The entities involved
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BNP Paribas
French bank and financial services company
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Citadel Securities
American capital markets firm
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Goldman Sachs
American investment bank
Related events
Coverage
Newest first; wire copies grouped- Unknown outlet
- Unknown outlet