Temple Digital Group introduced that it efficiently raised a $5M seed spherical to construct a privateness targeted buying and selling platform for digital property on the Canton Community.
The spherical was led by Paper Ventures and included participation from YZi, CMT Digital, Sfermion, Halo Capital, Protagonist, 5N Canton, Eterna Capital, AMA, GSR, Selini, Presto and G20.
Temple leverages Canton’s privacy-preserving structure to ship 24/7 markets with built-in compliance and connectivity to the broader digital-asset economic system. The platform combines options of conventional digital buying and selling methods—corresponding to automated order routing, all-to-all liquidity, and post-trade reporting—with blockchain improvements corresponding to on the spot settlement, tokenization, and non-custodial wallets.
With the brand new funding, Temple plans to develop its product traces to assist further property, monetary devices, and integrations throughout blockchain networks.
The Canton Community, whose improvement group, Digital Asset, just lately raised 135M,has constructed a brand new technical stack to replace the worldwide monetary system in collaboration with the world’s largest establishments. Canton Community is already conducting trillions in month-to-month quantity from merchandise launched by main companions corresponding to Goldman Sachs, Broadridge, BNP Paribas, and extra.
Designed to fulfill institutional requirements for privateness and compliance, Canton offers further privateness and compliance options for capital markets —providing capabilities that networks like Ethereum and Solana can’t natively assist.
The corporate’s management crew—Evan Varsamis (CEO) and Dan Simerman (CSO)—carry deep expertise in digital property, buying and selling methods, and decentralized networks. The duo see Canton as ‘An Open Institutional Community’ the place anybody can entry and construct know-how for the brand new monetary system. “We see an unimaginable alternative to develop new monetary primitives with and for giant establishments able to take part in digital asset markets” stated Evan Varasmis, CEO and co-founder of Temple. “We would like Temple to be a core buying and selling engine to be used instances which have historically been inaccessible on decentralized networks.”
About Temple Digital Group
Temple Digital Group is an infrastructure improvement firm constructing a privateness targeted technical stack to commerce capital markets on the Canton Community.
Contact
Dan Simerman
templedigitalgroup.com
[email protected]