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  1. Major financial institutions, including Bank of America and Circle, utilized the Canton Network for treasury financing and asset conversion.
  2. 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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What happened

SpeculativeNo independent reporting found

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 about

How it developed

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  1. Shinhan Financial Group supports institutional adoption in the region, while Standard Chartered adds SC Ventures to Digital Asset's funding round.Sub-event
  2. Several major financial institutions, including HSBC, Goldman Sachs, and BNP Paribas, participated in the Canton ecosystem.Sub-event
  3. Digital Asset raised funding, with Goldman Sachs playing a governance role, positioning Canton for RWA tokenization.
  4. BNP Paribas is a potential enterprise user of Canton, while Goldman Sachs is courting to test RWAs on the network.

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Coverage

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