Citadel Securities and IMC Join Forces with Goldman Sachs and Virtu Financial in $135 Million Funding Round for Digital Asset Holdings.

Digital Asset Holdings has raised $135 million in a funding round led by DRW Venture Capital and Tradeweb Markets, with participation from Citadel Securities, IMC, Optiver, Goldman Sachs, and Virtu Financial. The company plans to expand its engineering and product team to take advantage of increased activity in the space. Its Canton Network is a public blockchain that enables users to decide what information to keep private, with several backers using the network or involved with its governing entity. The funding round comes as global banks and other financial firms delve deeper into the sector, looking to use blockchain to speed up asset issuance, transfer, clearing, and settlement.

Digital Asset Holdings, the company behind the pioneering Canton Network, has raised $135 million in a strategic funding round led by DRW Venture Capital and Tradeweb Markets. This significant investment includes participation from major financial institutions such as Citadel Securities, IMC, Optiver, Goldman Sachs, and Virtu Financial [1].

The funding round underscores the growing interest and investment in blockchain technology by traditional finance leaders. The Canton Network, a public, permissionless Layer-1 blockchain, offers configurable privacy and institutional-grade compliance at scale, addressing a key barrier to blockchain adoption—conflicts between transparency and financial confidentiality [2].

The capital raise will enable Digital Asset to expand its engineering and product team, taking advantage of increased activity in the blockchain space. The Canton Network supports a wide array of asset classes, including bonds, money market funds, alternative funds, commodities, repurchase agreements (repos), mortgages, life insurance, and annuities. The funding will accelerate the onboarding of more real-world assets (RWAs) onto the network, further solidifying its position as a critical infrastructure for global collateral mobility [1].

The round also highlights the strong backing of the Canton Network by prominent financial institutions. Companies like BNP Paribas, Goldman Sachs, and Tradeweb have been involved in testing, governance, infrastructure, and app development on the network since its inception. This support underscores the network's potential to bridge the gap between blockchain innovation and real-world financial compliance [2].

Digital Asset's CEO Yuval Rooz emphasized the significance of the funding, stating, "This milestone validates the inevitability of what we envisioned years ago: a privacy-enabled public blockchain designed specifically for institutional adoption. Canton is already actively supporting numerous asset classes—from bonds to alternative funds—and this raise will accelerate onboarding even more real-world assets, finally making blockchain's transformative promise an institutional-scale reality" [2].

The funding round comes at a time when global banks and other financial firms are increasingly exploring blockchain technology to speed up asset issuance, transfer, clearing, and settlement. The Canton Network's ability to offer configurable privacy and compliance at scale positions it as a key player in this evolving landscape.

References:
[1] https://www.prnewswire.com/news-releases/digital-asset-raises-135-million-to-accelerate-adoption-of-canton-network-302488899.html
[2] https://www.coindesk.com/business/2025/06/23/digital-asset-builder-of-privacy-focused-blockchain-canton-raises-usd135m