Wall Street Giants, Sovereign Wealth Fund Back Canton Network Creator in $355M Round
Key takeaways
- The firm said that the Abu Dhabi Investment Authority, through a wholly owned subsidiary, was among participants in the company’s latest funding round.
- The firm behind Canton, a network designed for financial institutions, said the round was led by Andreessen Horowitz’s crypto arm, a16z crypto.
- The new funding also highlights Canton’s growing adoption as a network for facilitating transactions involving real-world assets, or RWAs, such as bonds, equities, and commodities.
Wall Street Giants, Sovereign Wealth Fund Back Canton Network Creator in $355M Round André Beganski Thu, June 11, 2026 at 10:05 PM GMT+7 2 min read BNP.PA Digital Asset secured $355 million in new funding from investors including an Abu Dhabi-based sovereign wealth fund, according to a Thursday announcement from the firm behind the Canton Network.
The firm said that the Abu Dhabi Investment Authority, through a wholly owned subsidiary, was among participants in the company’s latest funding round. The development follows the public, permissioned blockchain’s debut nearly two years ago.
The firm behind Canton, a network designed for financial institutions, said the round was led by Andreessen Horowitz’s crypto arm, a16z crypto. Other participants included some of Wall Street’s most prominent firms, such as Citadel Securities, CME Ventures, and S&P Global.