Bitwise: Why Are Top-Tier Capital Giants Aggressively Betting on New Public Blockchains Like Arc, Canton, and Tempo?
Why Top Institutions Are Betting Big on New Blockchains Like Arc, Canton, and Tempo
This week saw a surge of major funding announcements for new, purpose-built blockchains. Circle's Arc raised $222M at a $3B valuation from investors like BlackRock. Canton Network developer Digital Asset secured $300M led by a16z at a $2B valuation. Stripe's Tempo, already a leader, raised $500M last year and has partnered with major firms.
These three chains share key traits: they are designed for stablecoins and asset tokenization, they emerged after the US passed the *Genius Act* in July 2025, they natively support private transactions crucial for enterprise adoption, and they are backed by traditional finance and tech giants—unlike the crypto-native origins of Ethereum or Solana.
This trend highlights three major shifts: 1) Clear regulation (like the pending *Clarity Act*) is unlocking massive institutional capital. 2) Built-in privacy is becoming a core feature for real-world business use, addressing the limitations of fully transparent ledgers. 3) Established corporations are now directly entering the blockchain arena, bringing significant resources and execution capability, which will accelerate innovation and competition across the entire crypto ecosystem.
marsbit05/13 09:28
