Canton Network Raises $50M in Strategic Funding from Nasdaq and S&P Global: A Milestone for Blockchain in Regulated Markets

Digital Asset, the firm behind the Canton Network, has raised $50 million in a funding round featuring major financial institutions such as Nasdaq, S&P Global, and BNY Mellon. The Canton Network is a privacy-focused blockchain designed for regulated markets, addressing the need for secure and compliant data sharing. This funding will accelerate the development of this niche infrastructure, bringing traditional assets like stocks and bonds onto blockchain rails in a compliant way.