Ton network

Canton Network developer Digital Asset completes $135 million strategic financing, led by DRW Venture Capital and others

ChainCatcher news, according to CoinDesk, the developer of the privacy blockchain Canton Network, Digital Asset, announced the completion of a $135 million strategic financing round. This round was led by DRW Venture Capital and Tradeweb Markets, with participation from well-known companies in traditional finance and the crypto space, including BNP Paribas, Circle Ventures, Citadel Securities, DTCC, Virtu Financial, and Paxos.Canton Network, centered on configurable privacy, has attracted several companies, including Goldman Sachs and BNY Mellon, to test RWAs on its platform. This financing will help the Canton Network further expand the coverage of RWAs, which currently includes asset classes such as bonds, money market funds, alternative funds, commodities, repurchase agreements, mortgages, life insurance, and annuities.According to the Web3 asset data platform RootData, Digital Asset is a blockchain software and service provider that helps enterprises establish economic value through the internet. Digital Asset's products are built on Daml, a leading platform for building and running complex multi-party applications using an innovative smart contract language and tools. Daml features privacy and a top-notch SDK to ensure that all participants in the application remain in sync and have access to reliable real-time data.

TON Network officially connects to UXUY, aiming to enhance the liquidity of Telegram's empty assets

ChainCatcher news, the TON network has officially connected to Telegram's first decentralized multi-chain wallet UXUY. This is the 17th public chain that UXUY has integrated, following ecosystems like Bitcoin Lightning Network, Ethereum, BNB Chain, BASE, and TRON. The integration of the TON network will significantly improve the interoperability of Telegram's multi-chain ecosystem and lower the trading threshold for assets on the TON chain.UXUY is the next-generation decentralized multi-chain infrastructure incubated and invested by Binance Labs, providing multi-chain DApp access services and an application center based on the Telegram ecosystem, and offering comprehensive support such as technology and traffic for qualified DApps through the Puzzle Plan.UXUY is committed to enhancing the liquidity of long-tail assets and providing a better trading experience for Telegram's idle assets. Currently, the total locked value (TVL) of the TON ecosystem is $395 million. UXUY actively introduces native crypto assets through its multi-chain advantages, contributing to the further increase of Telegram's ecosystem TVL.UXUY founder Kevin stated, "Long-tail assets on the TON network are on the rise, and these DApps will enrich the user experience and application scenarios in the crypto world. UXUY will continue to build the infrastructure on the Telegram chain and unleash the enormous development potential of the TON network."
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