Digital Asset adds Shinhan and SC Ventures

• Digital Asset has secured new investments from Shinhan Bank and SC Ventures.
• The funding supports wider adoption of the Canton Network for tokenised assets.
• The new investors join a growing group backing institutional blockchain infrastructure.

Digital Asset has attracted new strategic investments from Shinhan Bank and SC Ventures as it expands the institutional blockchain network behind the Canton Network.

The company said the new funding strengthens support for the Canton Network, which is designed to connect financial institutions using tokenised assets and blockchain-based financial applications.

Shinhan Bank and SC Ventures joined existing investors backing Digital Asset's efforts to develop interoperable infrastructure that allows regulated financial institutions to transact digital assets securely.

The investment reflects growing interest from global banks in blockchain technology for tokenisation, settlement and cross-border financial services, and no share price reaction was available because Digital Asset is privately held.

The Canton Network is an interoperable blockchain platform designed for regulated financial markets, enabling institutions to exchange tokenised assets while maintaining privacy and compliance.

The latest investment highlights increasing collaboration between traditional financial institutions and blockchain companies as tokenisation gains momentum across global capital markets.