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Former Binance CEO Changpeng Zhao’s YZi Labs has invested in Digital Asset, the developer behind the institutional blockchain platform Canton Network. The $135 million Series E round includes major Wall Street players like Goldman Sachs and Citadel. The funding aims to expand tokenization of real-world assets for regulated financial institutions.
- YZi Labs, CZ’s restructured family office, invests in Digital Asset’s Canton Network alongside Goldman Sachs and Citadel in a $135M round.
- Canton Network addresses institutional needs by offering configurable privacy for tokenizing real-world assets like bonds and private credit.
- The platform already supports $1.5 trillion in monthly tokenized U.S. Treasury repo volume and plans global expansion over the next 12-18 months.
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