Thursday, June 11, 2026
Catatonic Times
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
No Result
View All Result
Catatonic Times
No Result
View All Result

Institutional Giants Back $355M Canton Network Round as DTCC Treasury Deal Nears – Bitcoin News

by Catatonic Times
June 11, 2026
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on Twitter


Key Takeaways

Digital Asset closed a $355M fairness spherical led by A16z Crypto, which contributed $100M to the elevate.Canton Community processes greater than $4T in month-to-month quantity with DTCC Treasury tokenization focused for 2026.CEO Yuval Rooz confirmed the funds will assist M&A exercise and expanded onchain partnerships.

Who Wrote the Examine

The spherical drew participation from Abu Dhabi Funding Authority, Apollo Funds, Citadel Securities, BNP Paribas, HSBC, CME Ventures, Coinbase Ventures, Tradeweb, S&P International, SBI Group, Polychain, Optiver, SoFi, and roughly a dozen further strategic backers.

Monetary Expertise Companions served because the unique monetary advisor. Whereas the corporate didn’t disclose an official valuation, Bloomberg and different shops beforehand reported that Digital Asset was concentrating on a elevate of roughly $2 billion.

What Canton Community Truly Does

Canton will not be a retail chain. It’s a public, permissionless Layer-1 blockchain constructed particularly for regulated capital markets, providing sub-transaction privateness that lets counterparties see solely the parts of a deal related to them.

That structure solves an issue that has stalled institutional blockchain adoption for years: main monetary companies can’t function on commonplace public chains the place each transaction is seen to each node. Canton makes use of the Daml sensible contract language and routes advanced multi-party workflows, from repo settlement to collateral mobility, via a decentralized International Synchronizer.

The Numbers Behind the Pitch

The corporate’s present metrics carry weight:

Greater than $6 trillion in tokenized real-world property are supported or issued on the community Greater than $4 trillion in month-to-month transaction quantity Greater than $12 billion in digitally native securities issued Settlement instances compressed from T+5 to T+0 in underneath 60 seconds Greater than 700 ecosystem individuals

These figures usually are not projections. They replicate dwell workflows working via companions together with JPMorgan, Broadridge, Visa (a Canton Tremendous Validator built-in into stablecoin settlement pilots), and DTCC, which has a partnership to tokenize U.S. Treasury securities focused for completion in 2026.

What the CEO and Lead Investor Are Saying

Co-founder and CEO Yuval Rooz mentioned the funding provides the corporate freedom to pursue M&A and speed up the migration of economic workflows onchain. “Canton was purpose-built for this, and Digital Asset is working with greater than 700 ecosystem individuals to make Canton the core infrastructure for world finance,” Rooz mentioned.

Ali Yahya, Normal Accomplice at A16z Crypto, known as Digital Asset one of many clearest examples of blockchain product-market slot in regulated finance. “Actual-world property and institutional workflows transfer onchain,” Yahya mentioned, describing the chance as not theoretical.

A Worthwhile Firm With Capital to Spend

Digital Asset reported it’s already worthwhile, a distinction that separates it from most blockchain infrastructure corporations nonetheless burning towards scale. Rooz indicated the contemporary capital will fund ecosystem growth, strategic partnerships, and focused M&A quite than a survival runway.

The corporate’s prior rounds embody a $135 million elevate in June 2025 co-led by Tradeweb and DRW Enterprise Capital, and a roughly $50 million elevate in December 2025 with BNY Mellon, Nasdaq, S&P International, and Icapital. The June 2026 spherical considerably exceeds each in measurement and the breadth of institutional participation.

What It Means for Crypto Markets

The spherical indicators that the convergence of conventional finance and blockchain infrastructure is not speculative. With DTCC tokenizing Treasuries on Canton later this yr and establishments like HSBC and Apollo already within the ecosystem, the institutional adoption narrative now has each dwell quantity and contemporary capital to again it up.



Source link

Tags: 355MBitcoinCantonDealDTCCGiantsInstitutionalNearsNetworkNewsTreasury
Previous Post

Will The SpaceX IPO Have A Significant Impact On The Bitcoin And Crypto Market?

Next Post

BlackRock races Goldman Sachs to turn Bitcoin volatility into ETF income

Related Posts

Solana Raydium DEX Lost .34M to Hackers: Here’s Why
Bitcoin

Solana Raydium DEX Lost $1.34M to Hackers: Here’s Why

June 11, 2026
CLARITY Act Hits New Roadblock As Ethics Agreement Collapses In Senate Talks
Bitcoin

CLARITY Act Hits New Roadblock As Ethics Agreement Collapses In Senate Talks

June 11, 2026
XRP Price Troubles Aren’t Over Yet As Downside Risks Mount
Bitcoin

XRP Price Troubles Aren’t Over Yet As Downside Risks Mount

June 11, 2026
XRPL and RLUSD Take Center Stage as Ripple Joins Mastercard’s AI Payments Push
Bitcoin

XRPL and RLUSD Take Center Stage as Ripple Joins Mastercard’s AI Payments Push

June 11, 2026
Strategy (MSTR) CEO Says Bitcoin Sale Was About Market ‘Inoculation,’ Not A Retreat
Bitcoin

Strategy (MSTR) CEO Says Bitcoin Sale Was About Market ‘Inoculation,’ Not A Retreat

June 11, 2026
Shotgun.fun Launches as the First Trading Terminal With 100% Cashback
Bitcoin

Shotgun.fun Launches as the First Trading Terminal With 100% Cashback

June 11, 2026
Next Post
BlackRock races Goldman Sachs to turn Bitcoin volatility into ETF income

BlackRock races Goldman Sachs to turn Bitcoin volatility into ETF income

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Catatonic Times

Stay ahead in the cryptocurrency world with Catatonic Times. Get real-time updates, expert analyses, and in-depth blockchain news tailored for investors, enthusiasts, and innovators.

Categories

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

Latest Updates

  • BlackRock races Goldman Sachs to turn Bitcoin volatility into ETF income
  • Institutional Giants Back $355M Canton Network Round as DTCC Treasury Deal Nears – Bitcoin News
  • Will The SpaceX IPO Have A Significant Impact On The Bitcoin And Crypto Market?
  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.