Traditional Financial Giants Bet on Canton Network: The Integration Ambition Behind $6 Trillion in On-Chain Assets

[Crypto World] The company Digital Asset recently secured several major investments—Bank of New York Mellon, iCapital, Nasdaq, and S&P Global have all participated. Behind this round of funding lies a signal: institutional players are accelerating their entry into Canton Network.

So what’s the story behind Canton? Simply put, it’s a public Layer-1 chain that anyone can use, with flexible privacy and compliance features. It currently supports over $6 trillion in on-chain assets, covering use cases like bonds and stocks—traditional financial instruments—with more than 600 institutions participating.

Executives from the investors mentioned that Canton has done a good job building a foundational infrastructure that is interoperable and privacy-protecting. The ambition behind this infrastructure is clear—to truly connect traditional finance and decentralized finance.

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LiquidationWatchervip
· 8h ago
Mellon and Nasdaq are here—this time they're really going to pour in the money.
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ChainWanderingPoetvip
· 12-05 09:41
BNY Mellon and Nasdaq, these old giants, are joining in—Is Canton really about to take off?
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CryingOldWalletvip
· 12-04 13:50
Mellon and Nasdaq have both entered the game. Are they trying to institutionalize on-chain assets... But as for that 6 trillion figure, we really need to take a closer look at how exactly it's calculated.
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SilentObservervip
· 12-04 13:49
Mellon and Nasdaq are both here—are they really going big this time? Six trillion is seriously massive.
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GasGuruvip
· 12-04 13:30
Oh wow, 6 trillion? That number is hard to believe, is it real or not...
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