Digital Asset, the company behind the Canton Network, a privacy-focused layer-1 blockchain, has reportedly secured $50 million in funding. According to Cointelegraph, major financial institutions including BNY Mellon, iCapital, Nasdaq, and S&P Global participated in the investment round. This investment signals growing institutional interest in blockchain solutions tailored for regulated financial markets. Yuval Rooz, CEO of Digital Asset, emphasized the importance of blockchain infrastructure designed for regulated environments. The participation of Nasdaq and S&P Global underscores the Canton Network's potential to reshape financial ecosystems. The funding will likely be used to further develop the Canton Network and expand its adoption among financial institutions. ```