The company said it will use the funding to advance adoption of the Canton Network, a blockchain for financial institutions.
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Crypto company Digital Asset said Tuesday that it’s netted $135 million in funding from a raft of major names in banking and finance.
The firm, which touts itself as a regulated crypto player, said it raised the fresh cash in a funding round co-led by DRW and Tradeweb, with Goldman Sachs
, BNP Paribas
and Ken Griffin’s Citadel Securities also investing.
The Chicago-based company has backed crypto stalwarts like the stablecoin giant Circle and the blockchain-based lender Figure.
Once skittish about digital assets, Citadel has warmed towards the crypto business in 2025.
Mustafa Al Niama was head of the Americas division of Goldman Sachs’ digital assets desk.
Major financial institutions are expanding crypto services across regulated finance, with Bitwise data showing 24 firms active in…
Institutional investors will now be able to use BlackRock's BUIDL token as collateral for trading.
BlackFin Capital Partners and Sentinel Global led the Series B fundraise, which closed three weeks ago.
