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📅 July 3, 7:00 – July 9,
YZi Labs invests in Digital Asset, promoting compliant blockchain infrastructure for enterprises.
YZi Labs officially participates in the Series E funding round worth 135 million USD of Digital Asset, alongside financial giants such as DRW, Tradeweb, Goldman Sachs, Citadel Securities, and DTCC. The investment aims to support the development of Canton Network – the only public blockchain network capable of customizing privacy, catering to the stringent compliance needs of global financial institutions.
Canton currently supports real assets that are tokenized with a key value exceeding thousands of billions USD, including over 1.5 trillion USD in US Treasury bond repo activity each month. The network has attracted nearly 400 participating organizations, paving the way for a more connected and secure financial ecosystem.
YZi Labs stated that this investment demonstrates a commitment to promoting blockchain applications in mature financial markets, while Digital Asset asserts that this is a significant step to bring trillions of USD in real assets onto the chain.