Revolutionizing On-Chain Treasury Financing with Canton Network A collaborative effort among leading financial institutions and Digital Asset has successfully completed a second round of on-chain U.S. Treasury financing on the Canton Network. This milestone demonstrates real-time collateral reuse and broadens the scope of stablecoin participation, signaling significant advancement in institutional blockchain finance. Key Developments in [...]Revolutionizing On-Chain Treasury Financing with Canton Network A collaborative effort among leading financial institutions and Digital Asset has successfully completed a second round of on-chain U.S. Treasury financing on the Canton Network. This milestone demonstrates real-time collateral reuse and broadens the scope of stablecoin participation, signaling significant advancement in institutional blockchain finance. Key Developments in [...]

Canton Network Successfully Runs Second On-Chain Treasury Financing Test

2025/12/10 07:38
Canton Network Successfully Runs Second On-Chain Treasury Financing Test

Revolutionizing On-Chain Treasury Financing with Canton Network

A collaborative effort among leading financial institutions and Digital Asset has successfully completed a second round of on-chain U.S. Treasury financing on the Canton Network. This milestone demonstrates real-time collateral reuse and broadens the scope of stablecoin participation, signaling significant advancement in institutional blockchain finance.

Key Developments in On-Chain Finance

  • The latest phase, building upon July’s pilot, involved five transactions that exemplify the use of multiple stablecoins in financing tokenized U.S. Treasurys.
  • These transactions highlighted that tokenized Treasurys could be transferred between parties and reused as collateral instantly, reducing operational delays common in traditional rehypothecation.
  • Major institutions such as Bank of America, Citadel Securities, Cumberland DRW, Virtu Financial, Société Générale, Tradeweb, Circle, Brale, and M1X Global participated in this effort through the Canton Network’s Industry Working Group.
  • Representatives emphasized that this progress reflects a “thoughtful progression toward a new market model,” according to Kelly Mathieson of Digital Asset, the network’s creator. Justin Peterson of Tradeweb noted that demonstrating real-time collateral reuse paves the way for future institutional finance innovations.

Canton Network’s Growing Influence

The Canton Network, a layer-1 blockchain designed for institutional finance, has been expanding its role in the tokenization of real-world assets (RWAs). Recent funding initiatives include a $50 million strategic investment from BNY Mellon, Nasdaq, S&P Global, and iCapital, supplementing a previous $135 million raise earlier this year. This backing aims to accelerate the network’s scaling efforts.

Institutional adoption is also evident as Franklin Templeton announced the migration of its Benji Investments platform, which tokenizes shares of its flagship U.S. money market fund, onto the Canton Network. Data from RWA.xyz indicates that the network now dominates the tokenized RWA market, with assets exceeding $370 billion on-chain—far surpassing Ethereum, Polygon, Solana, and other public blockchains.

Top blockchains for real-world assets. Source: RWA.xyz

This article was originally published as Canton Network Successfully Runs Second On-Chain Treasury Financing Test on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.

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