DTCC’s move to bring US Treasurys onchain highlights growing institutional momentum behind tokenized real-world assets.
Canton News
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The SEC gave DTCC the green light to launch a tokenization service last week, and the company will be starting by minting US Treasurys on Canton.
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The latest trial explored multiple stablecoins and showed tokenized US Treasurys can be reused instantly across counterparties on shared infrastructure.
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Digital Asset said the roughly $50 million in funding from BNY, iCapital, Nasdaq and S&P Global will help scale the Canton Network as institutions warm to onchain tokenization.
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As Tharimmune raises $540 million to build a Canton Coin treasury, the story behind the Canton Network shows that ICOs are not the only way to launch new blockchains.
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Onchain money market funds have grown nearly 10-fold since 2023, but the Bank for International Settlements warns their adoption brings new liquidity and contagion risks.
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Franklin Templeton has linked its Benji tokenization platform to the Canton Network, expanding institutional access to regulated onchain assets.
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The biotech company's pivot into digital assets marks one of the largest treasury financings to date, underscoring growing institutional demand for tokenized finance.
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DRW Holdings and Liberty City Ventures are reportedly exploring the creation of a Canton Network token treasury, signaling significant institutional backing for the blockchain.
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BitGo’s new custody support for Canton Coin allows regulated institutions to securely hold the Canton Network’s native token in the United States.
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Chainlink integrated its data services and crosschain protocol into the institutional blockchain Canton Network and joined as a super validator.
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P2P.org has joined the $4T Canton Network as a validator, underscoring the rise of institutional blockchain infrastructure.
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BNP Paribas and HSBC are the latest institutions to join the Canton Foundation, signaling growing institutional adoption of real-world asset tokenization.
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