[DRW Leads $500 Million Fundraising to Support Canton Network Token Reserve Public Company] Supporters of Canton Network are in discussions to raise approximately $500 million for a publicly listed entity that will focus on investing in tokens for blockchain projects backed by banks and become a new member of the digital asset reserve pool. DRW Holdings and Liberty City Ventures will provide the majority of the funding in the form of Canton tokens, while external investors are expected to contribute $100 million to $200 million. The entity also plans to enhance the overall utility of the network by serving as a super validator node and developing blockchain applications. Liberty City Ventures Managing Director Mark Toomey will serve as President, and former DRW Chief Operating Officer Mark Wendland will take on the role of Chief Executive Officer. Clear Street is providing banking advisory services. Canton Network, launched in 2023 and developed by Digital Asset Holdings, completed a $135 million funding round in June this year, with investors including Goldman Sachs, Citadel Securities, and Liberty City Ventures.