#DigitalAsset
21 articles tagged #DigitalAsset — curated RWA tokenization coverage.
Vanguard, Wellington test tokenized MMF collateral on Canton via Nasdaq Calypso
Vanguard and Wellington Management have successfully completed a trial using tokenized money market fund (MMF) shares as collateral on the Canton Network. This pilot utilized Nasdaq’s Calypso collateral management platform to integrate digital assets into a unified pool alongside traditional financial instruments. By leveraging Nasdaq technology to issue these tokens, the firms demonstrated that digital assets can be managed through existing institutional workflows without requiring separate systems. This integration streamlines critical processes such as margin calls, eligibility checks, and post-trade updates within a single interface. The trial highlights a significant shift toward operational efficiency, as institutional adoption often hinges on minimizing the need for new, parallel infrastructure. By proving that tokenized MMF shares can function seamlessly within established collateral management systems, the project addresses a major barrier to the broader adoption of RWA tokenization. This development underscores the growing maturity of the Canton Network as a privacy-enabled blockchain for complex institutional financial operations.
Digital Asset plans U.S. state benefits pilot on Canton Network
Digital Asset and the American Idea Foundation are launching the RISE program, a pilot initiative scheduled for Q1 2027 to distribute state-administered benefits via blockchain technology. The project aims to consolidate fragmented government assistance into recurring payments while implementing automated spending controls to mitigate income-based benefit penalties. By utilizing the Canton blockchain, the system manages complex rules and permissions while ensuring sensitive recipient data remains secure. This development highlights the growing institutional interest in using distributed ledger technology to modernize public safety nets and improve administrative efficiency. Beyond this social welfare application, Digital Asset has recently demonstrated the versatility of the Canton network through high-profile financial use cases. These include testing Japanese government bonds as digital collateral with major firms like Nomura and Mizuho, as well as settling tokenized U.S. Treasury trades between Franklin Templeton and Virtu Financial. These diverse pilots underscore the platform's capability to handle both regulated financial assets and sensitive government-issued payments on a unified infrastructure.
Canton Network secures prime broker commitments for on-chain collateral acceptance
The Canton Network has transitioned from pilot programs to production-level adoption as major financial institutions formally commit to using its blockchain for collateral management. Société Générale announced in May 2026 that it will accept tokenized collateral for Prime Services clients and act as a counterparty for repo transactions, citing the network's configurable privacy as a key advantage. Marex further validated the infrastructure by completing a live on-chain repo transaction involving HIFI and DRW in June 2026. These developments are supported by a growing ecosystem of liquidity providers, including B2C2, Cumberland DRW, FalconX, and GSR, which joined the initiative to provide market-making depth. A critical component of this expansion is the partnership between Digital Asset and the DTCC, which enables the tokenization of DTC-custodied U.S. Treasuries directly on the Canton blockchain. By allowing funds to mint digital representations of Treasuries while keeping the underlying assets at the DTCC, the network enables instant margin posting and eliminates legacy settlement delays. This integration of smart contracts with ISDA Credit Support Annex terms automates collateral calls, significantly reducing manual intervention and operational risk. The involvement of the DTCC, which handles the majority of U.S. securities transactions, provides a systemic foundation that could bring thousands of institutional participants into on-chain collateral workflows.
Franklin Templeton Links Benji Platform to Canton Network
Franklin Templeton has integrated its proprietary Benji platform with the Canton Network, a blockchain infrastructure specifically engineered for regulated financial institutions. This strategic move allows Benji’s tokenized assets, most notably its on-chain U.S. government money market fund, to function as collateral and liquidity within the Canton Global Collateral Network. By connecting to this ecosystem, Franklin Templeton enables institutional participants like HSBC and BNP Paribas to mobilize tokenized assets for more efficient settlement and collateral management. The integration highlights a broader industry trend where major asset managers leverage blockchain as a backend infrastructure to bridge traditional finance with digital markets. With the tokenized U.S. Treasury market reaching approximately $8.4 billion, this development underscores the increasing institutional demand for programmable, on-chain investment products. The expansion follows a $135 million funding round for Digital Asset, the developer behind Canton, signaling robust capital commitment to institutional blockchain infrastructure. This partnership serves as a critical milestone in the maturation of the RWA sector, demonstrating how proprietary platforms can interoperate within regulated, multi-institutional networks.
Temple goes live on Token Terminal, becoming Canton Network’s top revenue app
Temple Digital Group has integrated its trading metrics onto the Token Terminal analytics platform, providing public visibility into the performance of its institutional exchange. As the first central limit order book (CLOB) exchange built natively on the Canton Network, Temple facilitates 24/7 trading with non-custodial settlement for approved institutional counterparties. Since launching on January 8, 2026, the platform has emerged as the highest revenue-generating application on the Canton Network. The integration follows a $5 million seed round in October 2025 and subsequent backing from Japan's SBI Group. Additionally, Kaiko integrated Temple’s market data feeds in May 2026, providing comprehensive Level 1 and Level 2 order book information. This development marks a significant step in bringing transparency to private, enterprise-grade blockchain infrastructure. By leveraging the privacy-focused architecture of the Canton Network, Temple enables institutions to trade tokenized assets without sacrificing regulatory compliance or asset custody. The move underscores the growing demand for institutional-grade analytics tools within the evolving RWA ecosystem.
Canton Network ETF Lists on Nasdaq, First of Its Kind in US
The Canton Network, a privacy-focused blockchain developed by Digital Asset, is gaining significant institutional traction as a foundational layer for capital markets. Backed by major entities including Goldman Sachs, Microsoft, and the DTCC, the network is designed to meet the stringent compliance and privacy requirements of regulated financial institutions. This infrastructure shift coincides with a broader regulatory pivot at the SEC under Chairman Paul Atkins, who has signaled a more permissive stance toward digital asset products. Concurrently, Bitwise Asset Management is set to assume control of the $267 million Superstate Crypto Carry Fund on June 1. Renamed the Bitwise Crypto Carry Fund, the vehicle will maintain its USCC ticker and existing smart contract architecture to ensure continuity for investors. These developments highlight a growing trend where institutional-grade blockchain networks and established asset managers are converging to integrate traditional finance with digital ledger technology. The alignment of firms like Nasdaq, Moody's, and Deloitte with the Canton Network underscores the industry's move toward standardized, compliant, and private institutional blockchain ecosystems. This transition marks a critical evolution in how capital and data are managed across global financial markets.
1exchange Joins Canton Network to Drive Privacy-Enabled RWA Tokenization
1exchange, a private securities exchange based in Singapore, has officially joined the Canton Network to advance the tokenization of real-world assets. By integrating with this privacy-enabled, interoperable blockchain network, 1exchange aims to enhance the efficiency and security of private market asset trading. The Canton Network, developed by Digital Asset, provides a decentralized infrastructure that allows financial institutions to connect disparate systems while maintaining strict data privacy and regulatory compliance. This partnership enables 1exchange to leverage the network's capabilities to streamline the issuance and lifecycle management of tokenized private securities. For the broader RWA market, this move signifies a growing trend of established financial platforms adopting institutional-grade blockchain infrastructure to solve fragmentation issues. The collaboration highlights the industry's shift toward interoperable ecosystems that prioritize privacy as a prerequisite for large-scale institutional adoption. Ultimately, this integration positions 1exchange to better serve global investors by facilitating seamless, cross-chain interactions within a regulated framework.
Shinhan Investment Securities invests in Canton Network operator Digital Asset
Shinhan Investment Securities and Shinhan Venture Investment have officially invested in Digital Asset, the technology firm behind the Canton Network, as part of a broader $355 million funding round led by a16z Crypto. This strategic move aims to bolster Shinhan Financial Group's capabilities in digital asset tokenization and blockchain infrastructure tailored for regulated financial institutions. The Canton Network serves as a privacy-focused, public layer-1 blockchain designed specifically to meet the stringent compliance and interoperability requirements of the global financial sector. By participating in this funding, Shinhan seeks to integrate its operations with a platform that facilitates the migration of regulated assets and operational procedures into an on-chain environment. This investment follows a memorandum of understanding signed last month between Digital Asset, Shinhan Investment Securities, and Shinhan Asset Management to foster long-term collaboration. The partnership underscores a growing trend among major financial institutions to secure foundational blockchain technology that balances institutional privacy with public network accessibility. Ultimately, this development highlights the increasing institutional commitment to building a global, compliant infrastructure for the future of tokenized real-world assets.
Canton Network Tops All Blockchain in Revenue, Posts $55M in 30-Day
The Canton Network has established itself as the leading blockchain by protocol revenue, generating approximately $55.38 million over the past 30 days. This performance significantly outpaces other major networks, with Tron, Robinhood Chain, and Ethereum trailing at $25.86 million, $3 million, and $1.57 million respectively. Unlike retail-focused DeFi platforms, Canton’s revenue is driven by high-volume institutional workflows, including $8 trillion in monthly repurchase agreements processed via Broadridge’s platform. The network’s architecture, which prioritizes privacy and compliance, supports hundreds of billions in tokenized real-world assets and upcoming DTCC-led U.S. Treasury initiatives. Revenue is generated through a fee-burn model where traffic costs are settled in Canton Coin (CC), reflecting actual network consumption rather than speculative trading. This consistent leadership throughout 2026 highlights a fundamental shift in blockchain economics toward regulated, high-notional financial infrastructure. By successfully attracting major institutions like BNP Paribas, HSBC, and Citadel Securities, Canton demonstrates that institutional adoption can effectively reshape traditional blockchain performance metrics.
Canton Network Funding Keeps Digital Asset at $2 Billion
Digital Asset, the primary developer behind the Canton Network, has successfully secured new funding that maintains its valuation at $2 billion. This financial milestone underscores the continued institutional confidence in the Canton Network, a privacy-enabled, interoperable blockchain infrastructure designed specifically for financial institutions. By facilitating the secure exchange of tokenized assets across disparate systems, the network addresses critical fragmentation issues within traditional finance. The sustained valuation reflects the growing market demand for enterprise-grade distributed ledger technology that complies with strict regulatory standards. As major global banks and financial entities continue to explore blockchain integration, Digital Asset remains a central player in providing the underlying plumbing for these initiatives. This development signals that despite broader market volatility, the infrastructure layer for institutional RWA tokenization remains a high-conviction sector for investors. The ability to maintain such a significant valuation highlights the long-term strategic importance of interoperability in the evolving digital asset landscape.
News Explorer — Canton Network Creator Digital Asset Raises $355 Million to Power Wall Street's Crypto Embrace
Digital Asset, the developer behind the Canton Network, has successfully raised $355 million in a new funding round to accelerate the adoption of blockchain technology within traditional financial institutions. This significant capital injection underscores the growing institutional appetite for interoperable, privacy-enabled distributed ledger technology that meets the stringent regulatory requirements of Wall Street. The Canton Network is designed to connect disparate financial systems, allowing for the seamless tokenization and settlement of assets across institutional silos. By providing a framework that balances transparency with data privacy, Digital Asset aims to solve the fragmentation issues currently hindering large-scale RWA adoption. This investment signals a major shift as global banks and asset managers move from experimental pilots to production-grade infrastructure. The ability to bridge legacy systems with blockchain-based workflows is critical for the future of global capital markets. Ultimately, this funding round validates the infrastructure-first approach to tokenization, positioning the Canton Network as a foundational layer for the next generation of regulated financial services.
Canton Network's Design Seen as Guard Against State-Sponsored Hacks, Says Digital Asset CEO
Digital Asset CEO Yuval Rooz highlights that financial institutions are increasingly prioritizing security against state-sponsored hacking groups, particularly those linked to North Korea, which have stolen over $6 billion since 2017. The April 2026 Kelp DAO exploit, resulting in a $290 million loss, underscored the vulnerability of DeFi protocols to sophisticated, multi-month infiltration campaigns. In response, the DeFi United initiative successfully raised 132,650 ETH, valued at approximately $303 million, to mitigate losses for affected users. Rooz argues that the Canton Network, a public, permissioned blockchain launched in 2024, offers a superior architecture for institutions by allowing participants to implement specific guardrails on subnets and assets. This design aims to prevent illicit actors from operating within the network, addressing the fiduciary obligations of traditional financial entities. The discourse surrounding these security measures reflects a broader tension between the permissionless ethos of DeFi and the necessity of safety parameters for institutional adoption. Ultimately, Rooz suggests that the ability to restrict bad actors is transitioning from a controversial design choice to an essential baseline requirement for the future of RWA and institutional blockchain infrastructure.
Tradeweb Completes a Real-Time Tokenized Treasury Trade Using USDCx and Canton Settlement
The Canton Network has introduced Logical Synchronizer Upgrades to facilitate automatic and routine protocol enhancements, aiming to improve operational reliability for institutional finance. This infrastructure upgrade supports parallel processing, which is critical for the Depository Trust & Clearing Corporation's initiative to tokenize Russell 1000 constituents, ETFs, and U.S. Treasury bonds across the Stellar and Canton networks. Digital Asset, the developer behind Canton, recently secured $355 million in funding led by a16z crypto to scale these capabilities. Major financial players are actively leveraging this architecture, with Visa and Brale conducting a proof-of-concept for stablecoin settlement and SG-FORGE integrating EURCV and USDCV stablecoins for on-chain asset settlement. Additionally, Bitwise has expanded the ecosystem's reach by launching the Canton ETP on Deutsche Börse Xetra. These developments signify a shift toward high-reliability, interoperable institutional settlement layers. By streamlining upgrades and supporting diverse asset classes, the Canton Network is positioning itself as a foundational layer for global financial market infrastructure.
Canton Network Targets $300M Raise at $2B Valuation
Digital Asset is seeking a $300 million funding round that would value the company at $2 billion, marking its largest capital raise to date. This follows a series of significant investments from major financial institutions including Goldman Sachs, BNY Mellon, and Nasdaq. The Canton Network, a permissionless layer-1 blockchain, serves as the core infrastructure for these institutional workflows by utilizing Daml smart contracts to ensure transaction privacy. With over $6 trillion in tokenized assets already processed, the network has successfully integrated high-profile participants like Visa as a Super Validator. The potential raise highlights a trend where large-scale capital continues to flow into specialized infrastructure despite a broader decline in overall crypto venture deal counts. By prioritizing protocol-level confidentiality, Canton addresses a critical barrier for traditional finance firms looking to move assets on-chain. This development underscores the growing institutional appetite for private, compliant blockchain environments that can bridge the gap between legacy systems and decentralized finance.
Canton Network Rolls Out New Synchronizer Architecture Built for High‑Reliability Onchain Finance
Digital Asset has successfully raised $355 million to accelerate the development and scaling of the Canton Network, with a16z crypto spearheading the investment round by contributing $100 million. This significant capital injection values the company at $2 billion, underscoring growing institutional confidence in privacy-enabled blockchain infrastructure. The Canton Network is increasingly positioned as a critical settlement layer, evidenced by recent collaborations such as the proof-of-concept launched by Visa and Brale to test the SBC stablecoin for institutional transactions. Furthermore, the Depository Trust & Clearing Corporation (DTCC) has expanded its footprint by tokenizing Russell 1000 constituents, ETFs, and U.S. Treasury bonds across both the Stellar and Canton networks. These developments collectively signal a shift toward interoperable, regulated financial rails that prioritize privacy and cross-chain settlement efficiency. By integrating traditional financial giants with advanced distributed ledger technology, these initiatives aim to modernize legacy clearing and settlement processes. The maturation of the Canton ecosystem represents a pivotal step in bridging the gap between institutional finance and decentralized infrastructure.
Canton Network Tops Blockchain Fee Rankings With $60M in 30 Days
The Canton Network, a privacy-enabled interoperable blockchain network designed for institutional assets, has generated $60 million in transaction fees over a 30-day period. This performance places the network at the top of blockchain fee rankings, signaling significant institutional activity and adoption within the financial sector. Developed by Digital Asset, the network utilizes the Daml smart contract language to facilitate secure, cross-chain interactions for regulated entities. The high fee generation underscores a growing demand for permissioned, enterprise-grade infrastructure capable of handling complex financial workflows. By enabling seamless connectivity between disparate systems, Canton Network addresses critical fragmentation issues that have historically hindered institutional blockchain integration. This milestone highlights the shift toward specialized, high-utility networks that prioritize compliance and privacy over public, permissionless alternatives. As financial institutions increasingly tokenize assets, the ability of such networks to capture substantial economic value demonstrates the maturing state of the RWA ecosystem.
Canton Network Creator Raises $355 Million From Wall Street Giants
Digital Asset, the creator of the Canton Network, has successfully raised $355 million in a financing round that values the company at approximately $2 billion. This significant investment was led by Andreessen Horowitz’s a16z crypto division and attracted participation from a powerhouse consortium of global financial institutions, including HSBC, BNP Paribas, Citadel Securities, and CME Ventures. The Canton Network is a blockchain infrastructure specifically engineered to meet the stringent privacy and regulatory compliance requirements of traditional capital markets. By enabling interoperability while maintaining strict data controls, the platform addresses the primary barriers that have historically prevented large banks from adopting distributed ledger technology. This funding round signals a major shift as traditional financial giants move from experimental pilots to treating blockchain as a long-term strategic priority for modernizing trading and settlement. The involvement of major market infrastructure players like Tradeweb and S&P Global underscores the industry's commitment to integrating blockchain into mainstream financial operations. Ultimately, this capital injection is expected to accelerate the development of the Canton ecosystem, positioning it as a foundational layer for the emerging multi-trillion-dollar tokenized asset market.
JSCC To Test Japanese Government Bonds on Canton Network
The Japan Securities Clearing Corporation (JSCC) has launched a trial to test the tokenization of Japanese Government Bonds (JGBs) on the Canton Network. Conducted in collaboration with Mizuho Financial Group, Nomura Holdings, and Digital Asset, the project aims to determine if JGBs can be managed on-chain while maintaining compliance with the Book-Entry Transfer Act and the Financial Instruments and Exchange Act. This initiative, supported by Japan's Financial Services Agency, evaluates the integration of existing financial infrastructure with blockchain rails to facilitate real-time, 24/7 collateral transactions. The pilot also explores cross-border settlement scenarios, building upon a previous December 2025 Canton Network trial that successfully utilized tokenized U.S. Treasuries as collateral. While no commercial rollout is currently scheduled, the findings are intended to inform future regulatory policy regarding digital assets. By testing one of the world's largest sovereign bond markets, the project seeks to enhance collateral efficiency within established legal frameworks. This development aligns with broader global trends, including the United Kingdom's recent exploration of digital sovereign debt via the Bank of England's Digital Securities Sandbox.