YZi Labs Contributes with TradFi Giants in $135M Canton Network Series E
On 3rd July, YZi Labs, the venture firm formerly Binance Labs, announced it has joined Digital Asset’s $135 million Series E funding round, which boasts industry-colossus investors Goldman Sachs, Citadel Securities, and the DTCC. The round fuels the growth of the Canton Network, a blockchain tailor-made for institutions that need privacy, interoperability, and compliance.
This latest investment cements YZi’s growing role in the convergence of crypto-native innovation with traditional finance (TradFi).
Canton Network Bridges Compliance and Composability
The Canton Network, developed by Digital Asset, is a public Layer 1 blockchain designed to offer institutions a secure, private, and interoperable environment for tokenized assets.
Its signature attribute — customizable privacy — allows organizations to decide what gets stored privately and also makes it easier to have frictionless communication among decentralized apps. That makes it the sole platform tuned to Wall Street-scale activity.
The network is already processing over $1.5 trillion worth of monthly tokenized U.S. Treasury repo trades, demonstrating institutions are embracing blockchain on terms that are fitting.
Strategic Funding Fuels Next Growth Phase
With the $135 million raised, Canton plans to focus on:
- Scaling its infrastructure
- Onboarding more regulated institutions
- Enhancing application interoperability
Digital Asset CEO Yuval Rooz clarified that the endorsement from YZi Labs reflects growing demand for blockchain systems aligned with global market standards. The network will roll out new deployments and expand to more jurisdictions in the next 12–18 months.
YZi Labs Shifts Towards Institutional Infrastructure
YZi Labs’ investment is in line with its broader transition to infrastructure plays after rebranding from Binance Labs. The firm, with over $10 billion in assets under management, has increasingly backed projects that facilitate real-world asset (RWA) tokenization.
Its investment in Plume Network in March — a modular blockchain for RWAs — and support of firms like Vana (AI data) and Sign (token distribution) indicate its strategy: build rails for long-term adoption, not chase DeFi hype cycles.
A Defining Bet on the Institutional Blockchain Future
This collective investment from YZi Labs, Goldman Sachs, and Citadel is not a capital investment alone — it’s a bet on an unstoppable blockchain future where compliance, privacy, and scalability are no longer a choice. With Canton Network as its basis, that future is now beginning to emerge.
