Digital Asset, the creator of the Canton Network, announced Thursday that it has secured strategic investments from four of the most influential institutions in traditional finance, marking another decisive step in Wall Street’s accelerated embrace of blockchain infrastructure.

The new investors include BNY — which oversees a staggering $57 trillion in client assets — alongside exchange giant Nasdaq, financial intelligence powerhouse S&P Global, and iCapital, a fintech platform backed by BlackRock, Blackstone, and JPMorgan. 

Digital Asset did not disclose the size of the investment, consistent with its past practice, but the participation of these firms further signals how rapidly institutional sentiment toward blockchain is shifting.

The announcement comes at a moment when established financial players are increasingly exploring tokenization, blockchain settlement, and distributed ledger technology as part of their future infrastructure stack. 

With this latest strategic round, Digital Asset continues to position the Canton Network as the go-to blockchain for regulated markets seeking to bring real-world assets onchain.

Why the Canton Network Matters to Wall Street

The Canton Network was designed to solve a persistent challenge that has kept many institutions from moving real-world assets onchain: the need to balance decentralization with privacy, compliance, and legal certainty.

Unlike fully public blockchains, Canton allows financial institutions to operate on a shared ledger while preserving confidential data, enforcing jurisdictional rules, and integrating with regulatory frameworks. 

Its architecture aims to support tokenized versions of bonds, loans, funds, and other traditional financial instruments — a market widely expected to grow into the trillions over the next decade.

“Institutions across the financial ecosystem recognize the necessity of blockchain infrastructure purpose-built for regulated markets,” said Yuval Rooz, CEO of Digital Asset. “The Canton Network was created to address the constraints that have historically made it difficult for traditional firms to adopt blockchain technology at scale.”

For institutions like Nasdaq, S&P Global, and BNY, Canton provides a path to modernize settlement workflows, improve liquidity, and reduce operational risk, without compromising the standards of compliance and confidentiality demanded by global markets.

Institutional Validation Continues After Major Funding Round

Thursday’s announcement follows a $135 million funding round in June, led by a roster of prominent financial institutions including BNP Paribas, TradeWeb, Goldman Sachs, DRW, and Citadel Securities. T

The addition of BNY, Nasdaq, S&P Global, and iCapital represents a deepening of that institutional alignment, reinforcing that blockchain technology — specifically tokenization — is rapidly moving from experimental pilot projects into core financial infrastructure.

Digital Asset also highlighted the scale Canton has already reached: the network currently supports over $6 trillion in onchain assets with participation from more than 600 institutions. 

That footprint positions Canton as one of the largest institutional blockchain ecosystems globally, rivaling or surpassing early tokenization initiatives launched by banks and asset managers.

Tokenization Accelerates as Institutions Seek Efficiency

The strategic investment lands amid a larger trend reshaping global finance. Tokenization has become one of the most widely embraced use cases for blockchain, with firms such as BlackRock, JPMorgan, and Franklin Templeton publicly committing to building next-generation financial products on distributed ledgers.

Secure, compliant infrastructure — the space Canton aims to dominate — has become a prerequisite for broad institutional rollout. 

As firms push to tokenize everything from money-market funds to corporate credit, infrastructure capable of handling legal, jurisdictional, and privacy complexities is becoming increasingly valuable.

By aligning with Wall Street’s largest names, Digital Asset is positioning Canton not only as a technical solution but as a network where the future of tokenized finance is already being built.