DRW Leads Talks to Raise $500 Million for Canton Token Treasury

DRW Leads Talks to Raise $500 Million for Canton Token Treasury

Backers of the Canton Network are in talks to raise around $500 million for a listed vehicle that would invest in the tokens of the bank-backed blockchain — becoming the latest addition to the growing roster of digital asset treasuries.

Institutional Giants Plan $500M Canton Coin Treasury Fund

DRW Holdings and Liberty City Ventures aim to raise $500 million for a Canton Coin treasury, strengthening institutional support for the Canton Network blockchain. (Read More)

Canton Network Backers Raising $500M for a DAT-Focused on the Bank-Backed Blockchain

Quick take: The vehicle also plans to build applications linked to the blockchain. Backers DRW Holdings and Liberty City Ventures will contribute a significant portion of the funds in the form of Canton Coins, Bloomberg reported. People familiar with the matter said that between $100 million and $200 million will come from external investors. DRW Holdings and Liberty City Ventures are leading a $500 million funding round to establish a listed d…

Canton Network in Talks to Raise $500 Million for Token Treasury

Institutional backers of the Canton Network are reportedly in advanced talks to raise $500 million for the creation of a publicly listed investment vehicle designed to strengthen the blockchain’s token ecosystem. The move highlights increasing institutional confidence in tokenized finance and could position Canton Network as a central player in the integration of traditional financial systems with blockchain infrastructure. According to reports …

DRW Holdings and Liberty City Reportedly In Talks For $500M Canton Fund - Invest In Crypto News

Trading firm DRW Holdings and venture capital firm Liberty City Ventures are reportedly seeking to raise around $500 million for a publicly listed digital asset treasury that will hold the Canton Network’s native token, Canton Coin. According to a report from Bloomberg that cited unnamed sources, DRW Holdings and Liberty City Ventures will contribute the majority of the funds using Canton Coin (CC), while external investors are expected to contr…

Institutional backers plot $500M Canton token treasury: Report

DRW Holdings and Liberty City Ventures are reportedly exploring the creation of a Canton Network token treasury, signaling significant institutional backing for the blockchain.