Canton Network Expansion Gains Support From A16z, Citadel

crypto-economy.com1 min read
Canton Network Expansion Gains Support From A16z, Citadel
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RWA Signal Insight

Infrastructure

Visa and Brale have initiated a proof-of-concept to test the SBC stablecoin as an institutional settlement layer utilizing the Canton Network's privacy-focused infrastructure. Simultaneously, SG-FORGE is integrating its EURCV and USDCV stablecoins onto the Canton Network to advance on-chain settlement and tokenized collateral capabilities. Bitwise has further expanded the ecosystem's visibility by launching the Canton ETP (BWCC) on the Deutsche Börse Xetra with a 0.85% expense ratio. These developments are supported by significant capital interest, as Digital Asset Holdings reportedly seeks $300 million in funding at a $2 billion valuation to drive network expansion. Furthermore, Arc, Canton, and Tempo have collectively raised over $1 billion, reflecting strong investor confidence in the platform's infrastructure. These moves collectively signal a shift toward institutional-grade, privacy-compliant blockchain rails for global financial settlement. By bridging traditional finance entities with interoperable ledger technology, the Canton Network is positioning itself as a critical backbone for the next generation of RWA tokenization.

Key points

  • Visa and Brale testing SBC stablecoin for institutional settlement on Canton Network.
  • SG-FORGE integrating EURCV and USDCV stablecoins for on-chain asset settlement.
  • Bitwise launched Canton ETP (BWCC) on Deutsche Börse Xetra with 0.85% expense ratio.
  • Digital Asset Holdings seeking $300 million funding at $2 billion valuation.

Background

The Canton Network is an interoperable, privacy-enabled blockchain network designed specifically for institutional assets. It utilizes the Daml smart contract language to allow disparate financial systems to communicate while maintaining strict data privacy and regulatory compliance.

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