DRW Holdings and Liberty City Ventures are considering launching a new treasury company (DAT) focused on utilizing Canton Coin – the native token of the first-level blockchain Canton Network, aimed at institutional clients and tokenized real-world assets.
This is reported by Business • Media
Investment Attraction and Project Strategy
According to sources, the companies intend to raise up to $500 million to establish this venture, with the majority of the funding expected to be provided in Canton Coin (CC). DRW Holdings and Liberty City Ventures will act as the primary investors, while an additional $100–200 million is planned to be raised from external market participants.
“Negotiations are in the early stages, and the terms of the deal may change. At the same time, it is anticipated that the new venture will take on the role of the main validator, using coins under control for staking, and will also support ecosystem projects.”
Development of Canton Network and Prospects for Canton Coin
Canton Network remains a first-level blockchain designed for large-scale financial and corporate structures. In June 2025, Digital Asset, which is developing the network, raised $135 million from investors, including DRW Holdings and Liberty City Ventures. These funds are directed towards the development and scaling of the ecosystem.
As of October 2025, Canton Coin is not listed on any cryptocurrency exchanges. The token was launched in 2024 and is currently available only to infrastructure partners and institutional users. However, there are signs that its listing may occur soon: in particular, the Kraken exchange is considering adding Canton Coin to its list of assets.
If the project is realized, the new company will join the ranks of crypto asset treasuries — DAT. At the same time, experts warn of significant risks in this sector and point to signs of a market bubble forming. This approach is supported by the Hong Kong regulator, which has repeatedly emphasized the potential dangers of the DAT company market.