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About Digital Asset
Digital Asset is the creator of Canton Network, a blockchain protocol designed specifically for institutional finance. Unlike public chains where all data is visible to everyone, Canton allows transaction details to be shared only with authorized counterparties and regulators, while keeping commercial data private from other network participants. This 'privacy-preserving synchronization' model is its core value proposition.
The main market pain point it addresses is the inefficiency and opacity of traditional financial settlement systems. Cross-border securities transactions often take days to settle, involve multiple intermediaries, and lack transparency. Meanwhile, public blockchains expose sensitive trade data, which violates bank secrecy laws and institutional confidentiality requirements. Canton solves this by enabling real-time settlement on a shared infrastructure without compromising data privacy.
In the past six months, Digital Asset has made significant progress. The company announced a partnership with DTCC to explore tokenization of US Treasury securities held in DTC custody. It also revealed new collaborations with major financial institutions including BNY, iCapital, Nasdaq, and S&P Global to pilot various use cases on Canton. Additionally, Shinhan Bank and SC Ventures joined the network as participants, expanding its presence in Asian markets. Grayscale filed with the SEC to launch a spot ETF for Canton's native token, indicating growing institutional interest. The network now has over 700 ecosystem participants, with active pilots across securities tokenization, collateral management, and cross-border payments.
Digital Asset was founded in 2014 by Yuval Rooz and others, with core products including the DAML smart contract language and Canton Network. In May 2023, Canton Network was officially launched in collaboration with Goldman Sachs, Deutsche Börse, BNP Paribas and others, positioned as an institutional-grade privacy Layer-1 blockchain. In March 2024, a comprehensive blockchain pilot was completed, covering 15 asset managers, 13 banks, 4 custodians and others, validating scenarios such as asset tokenization, fund registration and digital cash. In July 2024, the Linux Foundation established the Global Synchronizer Foundation to promote decentralized governance of the Canton Network. In June 2025, a $135 million strategic financing was completed, led by DRW Venture Capital and Tradeweb Markets. In December 2025, a $50 million financing was completed with participation from BNY Mellon, Nasdaq, S&P Global and others. In June 2026, a $355 million financing was completed, led by a16z Crypto, bringing cumulative funding to over $800 million. Canton Network has processed over $6 trillion in tokenized assets with monthly trading volume of $2 trillion, becoming core infrastructure for institutional-grade RWA tokenization.
Digital Asset has accelerated positioning Canton Network as on-chain infrastructure for capital markets over the past six months. In June it closed a $355 million funding round led by a16z crypto, with participation from HSBC, BNP Paribas, Citadel Securities, CME Ventures, Coinbase Ventures and others, to expand the Canton ecosystem, deepen developer and institutional access, and support network growth. Officially stated focus areas include asset tokenization, collateral mobility, settlement, payments, and regulated workflows. DA Registry has evolved into a tokenization launchpad supporting 35+ platform providers/issuers, with Canton processing over 1.5 million daily transactions. It launched a PoC with Mitsubishi UFJ Trust & Banking and Progmat for on-chain JGB repo transactions, with Secured Finance providing the lending protocol for full lifecycle on-chain execution. Partnering with BOOSTRY, it will launch a multi-chain corporate wallet service by end-2026. The company also expanded its oversubscribed fundraise with strategic investments from Shinhan Financial Group and Standard Chartered.
Digital Asset was founded in 2014, headquartered in New York, developing the DAML smart contract language, providing institutional-grade blockchain solutions, with over $440M in total funding.
Co-founders:
- Yuval Rooz: Co-founder & CEO, former head of electronic algorithmic trading desk at DRW, later joined DRW Investment Group, previously trader & developer at Citadel, B.S. in Electrical Engineering from Georgia Tech.
- Shaul Kfir: Co-founder & COO, previously CTO and Chief Architect, joined in November 2014.
- Eric Saraniecki: Co-founder & Head of Network Strategy, built a trading desk at DRW, co-founded Cumberland Mining, a major crypto liquidity provider.
Core executives:
- Emnet Rios: COO (since Sep 2025), previously CFO for nearly 8 years, led raising over $450M, formerly at NatWest and IBM.
- Jonathan Isaac: CMO (since May 2025), formerly CMO at CoinMarketCap, Global Head of Brand & Marketing at Gemini.
- Kelly Mathieson: Chief Business Development Officer.
- Manoj Ramia: General Counsel.
- Andrew Vranjes: Chief Revenue Officer.
- Taro Togo: Managing Director, Japan.
- Julie Lascar: Head of Policy & Government Affairs.
Digital Asset has recently welcomed a key executive: Andrew Vranjes joined as Chief Revenue Officer in June 2026. He previously served as CRO at Blockdaemon and Head of Startup Ecosystem ASEAN at AWS, based in the UAE. Digital Asset is accelerating Canton Network commercialization, having recently closed a $355M funding round led by a16z crypto with participation from ADIA, Shinhan Financial Group, and SC Ventures. Canton Network processes over $9 trillion in monthly flows, and DTCC has completed live production transactions of tokenized US treasuries and equities on it. Vranjes will drive revenue growth and ecosystem expansion.