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The company did not disclose the amount of funding in the Thursday (Dec. 4) <\/span>press release<\/span><\/a> announcing the investment.<\/span><\/p>\n The news follows the company\u2019s June announcement that it raised $135 million in a <\/span>funding round<\/span><\/a> to promote adoption of its <\/span>Canton Network<\/span><\/a> blockchain. That round was led by <\/span>DRW Venture Capital<\/span><\/a> and <\/span>Tradeweb Markets<\/span><\/a>, with participation from <\/span>Goldman Sachs<\/span><\/a>, which helped Digital Asset launch the blockchain.<\/span><\/p>\n The Canton Network is a public, permissionless blockchain built for institutional finance, according to the release.<\/span><\/p>\n The network supports use cases such as bonds, equities, money market funds, alternative investment funds, commodities, repos, mortgages, life insurance and annuities, the release said. <\/span>It has over $6 trillion of assets on-chain and more than 600 institutions <\/span>in<\/span> traditional and decentralized finance <\/span>participating<\/span> across its ecosystem.<\/span><\/p>\n \u201cInstitutions across the financial ecosystem recognize the necessity of blockchain infrastructure purpose-built for regulated markets,\u201d Digital Asset CEO <\/span>Yuval Rooz<\/span><\/a> said in the Thursday press release. \u201cThe 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 global scale.\u201d<\/span><\/p>\n Advertisement: Scroll to Continue<\/p>\n<\/div>\n Brian Ruane<\/span><\/a>, <\/span>head<\/span> of <\/span>global clearing<\/span>, <\/span>credit services<\/span> and <\/span>corporate trust<\/span> at BNY, said the investment in Digital Asset reflects the need for financial infrastructure that supports the <\/span>move<\/span> of capital markets toward a real-time, always-on operating model.<\/span><\/p>\n \u201cThis investment reflects our commitment to reimagining a faster and more efficient future for financial market infrastructure,\u201d Ruane said in the release.<\/span><\/p>\n Lawrence Calcano<\/span><\/a>, chairman and CEO at iCapital, said in the release: \u201cBy combining our expertise in private markets and proven technology with Canton\u2019s blockchain platform, we are establishing the foundation for tokenization of alternatives\u2014driving efficiency, transparency and broader access across the investment ecosystem.\u201d<\/span><\/p>\n