Digital Asset has received a strategic investment from several big financial services firms. The group included S&P Global, Nasdaq, BNY, and iCapital. The terms of the investment were not revealed, but reports indicate the investment totaled $50 million.
Digital Asset’s valuation in June 2025 was $684.44 million.
Digital Asset noted that this investment follows a $135 funding round backed by Goldman Sachs, Citadel Securities, and CZ’s YZi Labs. The company said the support indicates the growing institutional alignment behind its Canton Network – a public, permissionless Layer-1 blockchain designed with privacy, institutional-grade compliance, and the ability to support hundreds of billions of dollars in repos daily.
Digital Asset is a blockchain infrastructure firm for institutions that enables tokenization, smart contracts, interoperability, and more.
The company highlighted the diversity and leadership of the various investors as they constitute asset servicing, wealth management, trading, and other Fintech services.
Canton Network currently reports over $6 trillion in assets onchain, working with 600+ institutions.
Yuval Rooz, CEO of Digital Asset, said that institutions across the global financial ecosystem recognize the need for blockchain infrastructure as finance migrates to the digital realm.
“The addition of BNY, iCapital, S&P Global, and Nasdaq marks another milestone in the evolution of both Digital Asset and Canton. Their participation reinforces the inevitability of interoperable, privacy-enabled markets operating at a global scale. We look forward to deepening our collaboration as we continue to transform how onchain real-world assets move, settle, and interconnect.”
Tal Cohen, President of Nasdaq, said that by combining Nasdaq markets and infrastructure expertise, they can help customers gain new efficiencies in the digital asset ecosystem.
The Canton Foundation governs the Canton Network with participation from leading global financial institutions. It enables real-time synchronization and settlement across multiple asset classes on a shared, interoperable infrastructure.
