In our first post, we saw the solid ground: the global banks and market systems building on Canton. Now for the exciting part: what's being built on that ground?When you hear "tokenized assets," your mind might go straight to stocks or bonds. That is definitely happening, but it's only a small piece of the story. We are seeing a much broader spectrum of value, from private credit and real estate all the way to entirely new concepts like tokenized natural gas platforms and Bitcoin-backed institutional collateral. This is a look at the trillion of assets coming on-chain.
Key Takeaways
- Tokenized assets are led by institutional platforms. Instead of just following trends, major global banks are using their own digital platforms to issue billions in assets.
- Fund Managers are Digitizing Investments. Asset management firms are using this new infrastructure to digitize their funds and make complex assets easier for investors to access.
- New Kinds of Assets Are Joining In. Specialized platforms are tokenizing new assets, including natural gas post-trade processing and life insurance.
- Stablecoins are the main settlement asset. The entire system is running on trusted, regulated digital currencies, primarily stablecoins like USDC (Circle) and USDP (Paxos).
In Part 1 (From Wall Street to Web3: The Institutional & Market Foundation of the Canton Ecosystem), we saw the institutional foundation. Now, we look at the value moving through the network.
We will explore two main categories. First, the assets themselves. This involves more than just creating digital versions of stocks and bonds. We will look at how companies are bringing traditional, highly-liquid assets on-chain. We will also examine the more complex process of tokenizing historically illiquid assets, such as real estate, and even physical commodities or insurance products. The goal is to unlock new efficiencies and create broader access.
Second, we will look at the payment solutions. We'll look at the vital role of regulated stablecoins, and the B2B payment tools that allow companies to actually use this new digital money.
Tokenized Assets & Asset Management
Here you'll find companies, from global managers like Fidelity to specialized platforms like GS DAP®, that focus on turning traditional assets (like bonds, funds, and private equity) into on-chain tokens.
21shares
21Shares, the largest issuer of cryptocurrency exchange-traded products (ETPs) managing over $11 billion in assets, serves as a validator on the Canton Network. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance.
A significant development occurred in October 2025, when FalconX, a leading institutional prime brokerage, announced its acquisition of 21Shares. This major transaction unites FalconX's institutional infrastructure and risk management platform with 21Shares' expertise in asset management and product distribution.
AXA IM
As an investor in the EIB €100 million digitally native bond, issued on the GS DAP® platform, AXA Investment Managers (AXA IM) is deeply involved in tokenization. The firm, which manages €879 billion in assets, also participates actively in blockchain pilots for tokenized bonds, with a particular emphasis on sustainable finance.
The company has been exploring blockchain infrastructure for financial markets through its participation in exploratory work with the European Central Bank (ECB). This included an investment in a digital sovereign bond issued on a blockchain. This work positions AXA IM at the intersection of ESG investing and emerging blockchain infrastructure.
Black Manta Capital Partners (BMCP)
BMCP is a BaFin-regulated, MiFID II-licensed broker-dealer specializing in regulated asset tokenization and providing "Tokenization as a Service®" across Europe. Operating as a Canton Network node validator, BMCP facilitates compliant token sales for institutions integrating blockchain-based distribution with institutional-grade privacy and compliance.
In September 2025, BMCP launched Europe's first real estate-backed tokenized bond on Canton, the BoxDepo issuance backed by an unmanned storage facility in Italy, demonstrating practical integration of tokenized assets on institutional blockchain infrastructure.
The firm's 2025 developments include ongoing alignment with the evolving EU digital finance regulatory landscape, ensuring compatibility between MiFID II-regulated tokenized securities and emerging MiCA requirements for broader crypto-asset ecosystem participants.
Ctrl Alt
A UK-headquartered B2B infrastructure provider, Ctrl Alt specializes in structuring tokenized assets for private markets. As a validator on the Canton Network, the company works to make investing in these assets more efficient and accessible for financial institutions, asset managers, and governments. By October 2025, Ctrl Alt had already tokenized over $460 million in assets across private credit, real estate, and alternative investments.
The company expanded significantly in 2025 through key strategic moves. In the UAE, it partnered with the Dubai Land Department and launched PRYPCO Mint, the region's first licensed real estate tokenization platform, and then obtained virtual asset broker-dealer and issuer licenses from Dubai's VARA regulator.
Fasanara Capital
A London-based asset manager with approximately $5 billion in AUM, specializes in alternative credit, fintech lending, and digital assets tokenization. Being a member of the Canton Network ecosystem, Fasanara acts as a validator and contributes to the network's tokenized asset infrastructure.
Through its crypto division Fasanara Digital, the firm has expanded its DeFi lending pools in 2025, actively participating in protocols including Aave, Uniswap, Clearpool, and Morpho.
Fidelity International
Participating in the HKSAR Government's inaugural tokenized green bond, Fidelity International tested institutional-grade bond tokenization on the Canton Network using GS DAP® platform. As a global investment firm managing approximately $862 billion in assets for over 2.9 million customers, Fidelity is an active Canton Network ecosystem member.
The firm has been exploring blockchain-enabled investment solutions, collaborating with technology partners like Chainlink and Sygnum to advance its tokenized fund capabilities. In 2025, Fidelity continued to demonstrate how traditional asset managers are integrating digital and conventional strategies, leveraging blockchain infrastructure.
Franklin Templeton
A global investment manager with $1.6 trillion in assets under management, deploys tokenized money market funds via its specialized Benji platform. Listed as a participant in the Canton Network ecosystem, Franklin Templeton leverages infrastructure providers like Zero Hash to enable potential Canton Network integration.
In June 2025, the company enhanced Benji with patent-pending intraday yield features and the ability for investors to purchase tokenized fund shares using stablecoins. Its platform has expanded across multiple blockchains including Ethereum, Polygon, Stellar, Avalanche, Base, and BNB Chain, with total assets reaching $851 million as of October 2025.
GS DAP®
GS DAP® is Goldman Sachs' flagship tokenization service natively built on Canton Network, providing market-leading institutional-grade blockchain infrastructure. Based on Digital Asset's DAML smart contracts, GS DAP® enables rapid bond issuance with atomic settlement capabilities while maintaining Canton's security-focused architecture. The Canton-connected platforms, led by GS DAP®, account for over 57.5% (about $4.6 billion) of the approximately $8 billion in global digital bonds issued since 2022.
In July 2025, Goldman Sachs partnered with BNY Mellon to tokenize the $7.1 trillion U.S. money market fund (MMF) industry, marking the first time U.S. fund managers enabled MMF share subscriptions through blockchain platforms with mirrored tokenization on GS DAP®.  Major asset managers including BlackRock, Federated Hermes, Fidelity Investments, and BNY Investments Dreyfus participated in this inaugural launch.
iCapital
iCapital is a leading global fintech platform servicing $945 billion in total assets, including over $257 billion in alternative platform assets, connecting around 118K financial professionals with access to over 2,190 alternative investment funds from 700+ asset managers across wealth management and asset management industries.
To improve the infrastructure for private markets, the firm launched iCapital DLT, a distributed ledger platform built natively on the Canton Network. This platform is designed to automate and standardize the complex workflows of alternative funds, enabling secure, real-time data management. Adoption of the DLT platform has been swift. After launching its first fund with UBS Wealth Management in May 2024, iCapital announced it had surpassed 100 funds on the platform by March 2025. In September 2025, the company announced a strategic investment in Tangible Markets to launch an integrated secondary market for alternative investments on its platform by year-end 2025. This will enable institutional investors to unlock liquidity from previously illiquid holdings through real-time pricing and portfolio rebalancing capabilities.
Obligate
Based in Switzerland, Obligate is a platform that provides the infrastructure for issuing, settling, and managing digital bonds and other debt securities. Its key advantage is its legal framework: all securities issued on the platform operate under Swiss DLT Law. This provides clear legal certainty for digital assets and integrates all necessary AML/KYC compliance.
As an official infrastructure provider on the Canton Network, Obligate enables the creation and settlement of these digital debt securities within a regulated environment that maintains data privacy. The platform handles the entire process, from the initial structuring and issuance to settlement. It also includes an integrated marketplace for issuers and investors to connect, and tools to manage the full lifespan of the security.
Orion (HSBC)
HSBC Orion is the bank's proprietary platform for issuing, settling, and managing digital assets and tokenized bonds. Much like GS DAP®, Orion provides the end-to-end infrastructure for creating digitally native assets with atomic (instant) settlement.
The platform has been a key component in major institutional issuances, notably serving as the foundation for the HKSAR Government's landmark HK$6 billion multi-currency digital green bond in February 2024. It is widely used globally, including landmark digital bond issuances for the European Investment Bank, Hong Kong government, and First Abu Dhabi Bank on Abu Dhabi Securities Exchange.
Union Investment
One of Europe's largest asset managers, with €511 billion in assets under control, participates as an investor in EIB digitized bonds issued on GS DAP® platform on the Canton Network. As a Canton Network ecosystem participant, Union Investment has demonstrated institutional commitment to blockchain-based innovation through its launch of the UniThemen Blockchain fund, which invests in blockchain-related stocks, bonds, and crypto certificates, serving both traditional and digital-native investors. The company is one of the most active investors in tokenized assets, having invested in the first two EIB euro-denominated digital bonds and the Siemens public blockchain bond.
Zeconomy
Zeconomy, a financial engineering company focused on compliant Real World Asset (RWA) issuance, provides an operating system for institutional digital assets and has issued over $310 million in total value.
The company operates on two core components: The Zeno Protocol (an open protocol for institutional-grade, multi-rail settlement) and The Zeconomy Platform. It specializes in tokenized financial instruments, including Digital Commercial Paper (DCP) and other structured products, allowing institutions to gain efficiencies while maintaining regulatory compliance.
In July 2025, Zeconomy announced it had become a validator on the Canton Network. This move expands its capabilities by linking its tokenized instruments to Canton's privacy-enabled network of global financial institutions.
Specialized & Emerging Asset Platforms
This group focuses on tokenizing unique asset classes beyond traditional finance. This includes everything from Bitcoin-backed collateral (BitSafe) and natural gas post-trade processing (Eleox) to private credit (LendOS) and life insurance (Zinnia).
BitSafe
BitSafe provides CBTC, a 1:1 Bitcoin-backed asset on the Canton Network designed for institutional collateral and derivatives. Unlike typical wrapped Bitcoin, CBTC is secured by a decentralized network of node operators, ensuring that Bitcoin is never reliant on a single custodian and eliminating single points of failure.
Launched on Canton in July 2025, CBTC enabled the first private use of Bitcoin as collateral for OTC derivatives, allowing institutions to conduct trades with fast, confidential margin cycles. In October, BitSafe demonstrated the first atomic trades between CBTC and Canton Coin, proving real-time liquidity on the network. CBTC's purpose is to transform Bitcoin from a static asset into programmable, yield-generating collateral for use within Canton's regulated institutional infrastructure.
Eleox
Eleox, a platform on the Canton Network, was founded in November 2021 by six major energy trading companies to modernize North America's natural gas post-trade processing. The system, which launched in May 2023, aims to cut post-trade costs by 20-40% by eliminating manual data entry.
It features a suite of tools for automating trade confirmations (OxPair), pipeline nominations (OxNom), and invoice reconciliation (OxSettle). A foundational data layer (called OxOracle) translates each member's internal trading data into a standardized language, enabling real-time communication between counterparties without forcing them to change their internal systems. The six founding members, Shell Energy, bp, Castleton Commodities (CCI), Koch Energy Services, Mercuria, and Macquarie Group are all operating on the platform.
This consortium collaboratively operates the platform to upgrade the industry's infrastructure, using Canton's private ledger to gain digital efficiencies and reduce operational costs. The system allows them to streamline confirmations, scheduling, and settlements while maintaining privacy between counterparties.
EquiLend
EquiLend, a global leader in securities finance technology, provides the EquiLend 1Source platform on the Canton Network. 1Source creates a single, accurate record for securities finance transactions, solving the industry's core challenge of failed trades and data conflicts. By ensuring all participants' data is perfectly synced, it eliminates common reconciliation problems, a solution estimated to save the industry $107 million annually.
In October 2025, the platform achieved a critical milestone when BNY Mellon and the National Bank of Canada began executing live trades using 1Source. This production launch demonstrates that the technology can scale for mission-critical workflows. EquiLend's diverse services, from automated trading to regulatory compliance, now operate together on Canton's network, establishing 1Source as the new industry standard for settling securities finance.
Fìutur
FiĂątur, spun out from Xpansiv in June 2023, provides trust infrastructure for the tokenized economy by collecting, verifying, and delivering asset-level performance data to global financial markets. It developed the SMART Protocol, a system that converts diverse operational data, such as renewable energy generation, methane emissions, and operational performance metrics, into authenticated, unchangeable digital records. This protocol captures real-world asset performance and turns it into standardized digital tokens that can be used for regulatory reporting, compliance, or as tradable financial assets.
In October 2025, Xpansiv and FiĂątur announced plans to bring this capability to the Canton Network, a platform used for regulated financial markets. The pilot program will use FiĂątur's SMART Protocol to integrate the extensive database, which covers thousands of utility-grade renewable energy generation assets, into Canton-compatible identifiers. This infrastructure is designed to create new, auditable financial products and performance-linked financing, helping to channel the institutional capital needed for the energy transition.
Foundinals Lab
Foundinals Lab, a self-funded organization, is dedicated to promoting the adoption of Bitcoin Ordinals, which are immutable digital assets on the Bitcoin blockchain. The organization supports this goal by creating educational materials and developing infrastructure tools like wallets and marketplaces for businesses and governments. As a validator on the Canton Network, Foundinals Lab connects the Bitcoin Ordinals community to institutional-grade infrastructure.
LendOS
LendOS is a fintech platform built to modernize private credit lifecycle operations using Daml smart contracts and the Canton Network. It provides a single, unified system for asset managers and lenders, replacing the scattered legacy tools and manual handoffs traditionally used in commercial lending. The platform streamlines the entire workflow, from loan servicing and deal management to document automation.
In September 2025, LendOS announced its Series A funding led by Blackstone Innovations Investments, validating institutional demand for its platform. The system integrates with existing client infrastructure, automating processes to reduce manual work, cut operational costs, and accelerate financial transactions.
Lombard Finance
Lombard Finance is a Bitcoin finance platform that brings Bitcoin into productive use across decentralized finance (DeFi) and institutional capital markets. The platform enables institutions, protocols, and individuals to lend, borrow, and trade Bitcoin across leading blockchains while generating BTC-denominated yield natively.
Within the Canton Network, Lombard joined as a validator in October 2025, positioning itself to bridge Bitcoin into institutional workflows. The firm plans to launch LBTC and its full suite of products on Canton in the coming months.
Novaprime
Novaprime, a mortgage technology company, operates an AI-powered Loan Quality Platform on the Canton Network designed to improve the mortgage process by quickly evaluating loan integrity, reducing processing time from weeks to just days. The platform intelligently assesses loan details, evaluates purchase eligibility and data quality, and represents each mortgage as a smart contract compatible with MISMO standards, enabling seamless transfer and management throughout the loan lifecycle.
Following this, the company partnered with Tradeweb in May 2025 to create an automated hedging solution on the Canton Network. This collaboration leverages Tradeweb's deep liquidity, allowing lenders to automate risk management workflows that were previously manual. By linking its loan origination and review platform with secondary market hedging on Canton, Novaprime reduces friction and costs across the entire mortgage process.
Pink Finance
Pink Finance is a Bitcoin-native NFT liquidity protocol that transforms illiquid BTC-based assets into structured, tradable, and composable financial instruments. Its platform provides the core infrastructure for this, including wrapped NFTs, AMM-based liquidity solutions, and cross-chain capabilities for Bitcoin.
Leveraging this technology, Pink Finance has joined the Canton Network as a validator operator. The project plans to deploy its infrastructure to enable compliant, privacy-preserving real-world asset markets for Bitcoin within the Canton ecosystem.
Prometheus
Prometheus Wealth Management is an independent advisory and wealth management firm, registered and regulated in Monaco since 2018. The firm provides portfolio management, investment advisory services, real estate financing, and Luxembourg-domiciled life insurance management. On the Canton Network, Prometheus serves as a validator and service provider, contributing to the network's institutional governance and settlement infrastructure.
Receipts Depositary Corporation (RDC)
RDC joined the Canton Network in September 2025 as both a validator and depositary, bringing institutional-grade digital asset access to traditional finance. RDC issues Digital Asset Depositary Receipts representing direct, bankruptcy-remote ownership of Bitcoin, Ethereum, and other digital assets held at federally chartered custodians like Anchorage Digital Bank (OCC-regulated). Partnering with Broadridge as its SEC-registered transfer agent, RDC leverages the proven DR structure trusted by 6,500+ global institutions managing over $1 trillion in assets.
By integrating into existing custody, clearing, and operational systems (DTC), institutions can utilize established relationships with prime brokers and liquidity providers rather than building new digital asset infrastructure. In August 2025, RDC partnered with Menas Global to distribute its DDRs through the Menas DC Wallet platform, enabling banks and institutions to use digital assets as collateral for margin lending and repo within traditional settlement systems.
Republic
Republic is a global investment platform that provides access to private market assets like startups, crypto, and real-world assets. Serving 3 million members, the platform has managed over $2.6 billion in deployed funds. Republic operates a complex, regulated ecosystem that includes a FINRA-licensed broker-dealer, an SEC-registered ATS, and a secure wallet, enabling both retail and institutional investment.
On the Canton Network, Republic operates as a validator and a provider of financing infrastructure. In October 2025, the company in cooperation with T-RIZE Group launched the First New Construction Real Estate Equity Tokenization Deal natively issued on Canton. This transaction, the initial part of a $200 million tokenized real estate issuance, highlights Republic's end-to-end capability. It uses its regulated distribution channels to connect institutional real-world asset issuers with investors, establishing itself as a core infrastructure provider in Canton's tokenized asset ecosystem.
Solv Protocol
Solv Protocol is an on-chain Bitcoin asset platform that bridges traditional finance (TradFi), centralized finance (CeFi), and decentralized finance (DeFi) by unlocking Bitcoin's utility and yield potential. The platform manages over $2.8 billion in managed assets and transforms Bitcoin into yield-generating assets through its primary product SolvBTC, a 1:1 Bitcoin-backed wrapper that enables collateral mobility across different networks.
Solv expanded into the Canton Network in October 2025, positioning SolvBTC and its suite of Bitcoin liquid staking tokens (LSTs) to power BTC-backed borrowing, stablecoin trading, and real-world asset (RWA) innovation.
T-Rize Group
T-RIZE Group, a Canadian fintech firm specializing in institutional real-world asset (RWA) tokenization, has operated as a validator and RWA issuer on the Canton Network since April 2025. The company manages a global pipeline exceeding $2 billion in agreements across 150 countries.
In August 2025, T-RIZE partnered with Republic to launch Vision 60 ($24.2M) and Vision 87 ($23M), two residential tokenization projects that are part of a 500+ unit new construction pipeline valued at $200-$300 million.
T-RIZE is advancing its technical capabilities through a partnership with École de technologie supérieure (ÉTS), securing CAD $3 million in Canadian government funding (October 2025) to support ongoing research in decentralized federated learning for secure, privacy-focused asset tokenization. The research program, already underway since 2024, has delivered transformative results in blockchain and RWA applications. By combining its RWA infrastructure with this research on Canton, T-RIZE enables mass tokenization of real estate, funds, and sustainable assets.
Zinnia
Zinnia, a leading life and annuity insurance technology company, processes 55% of all annuities submitted by U.S. banks and broker-dealers, serving eight of the top ten banks and 2,500+ distributors, while managing $40 billion in AUM annually for Zinnia Carrier Solutions clients. The company serves 46+ carriers that use its platforms to build, sell, and service life and annuity products.
Its core policy management platform, Zahara, is built using Daml smart contracts and integrated with the Canton Network, providing a secure system of record that drives end-to-end efficiencies for life insurance and annuity carriers. The platform enables scalable straight-through digital event processing, automating policy issuance, claims settlement, and annuity distribution while maintaining privacy and compliance requirements. This approach transforms rigid legacy insurance products into more flexible, institutional-grade financial assets.
Stablecoins & Payment Solutions
This group provides the on-chain money. Circle (issuer of USDC) and Paxos offer stablecoins as the primary settlement asset, while firms like Bitwave build B2B payment tools to help companies use them.
Stablecoins & Yield-Bearing Collateral
Circle & Hashnote
Circle is a global issuer of USDC stablecoin and a key institutional participant on the Canton Network, delivering regulated stablecoin infrastructure to enable private, compliant settlement of digital dollars and tokenized assets for financial institutions. Following its January 2025 acquisition of Hashnote, the issuer of USYC (a tokenized U.S. Treasury fund), Circle is now integrating both highly liquid cash (USDC) and regulated yield-bearing coin (USYC) into Canton, allowing institutional users to seamlessly move between stablecoins and yield assets with secure privacy controls.
Paxos
As a leading stablecoin provider, Paxos, participated in Canton Network pilots and is now connected to the network as a validator. Paxos's expertise in regulated stablecoin issuance, including PAX Gold (PAXG), Paxos USD (USDP), and other compliant digital asset infrastructure, positions it as a credible bridge between traditional financial regulation and institutional blockchain adoption.
Anchorpoint Financial
This is a joint venture partnership between Standard Chartered's Hong Kong branch, blockchain gaming developer Animoca Brands, and telecom company HKT, which is engaged in researching and implementing licensed stablecoin issuance within Hong Kong's regulated system. On the Canton Network, Anchorpoint operates as a validator and stablecoin infrastructure provider, positioning itself to facilitate regulated digital currency adoption while maintaining the privacy-enabled compliance controls that Canton's architecture provides.
Brale
The platform for creating and launching stablecoins designed as on/off-ramps to the Canton Network. The platform enables the creation, issuance, and distribution of Brale-supported stablecoins including Brale SBC, providing institutions with compliance-ready stablecoin infrastructure without requiring them to build custom solutions or navigate complex regulatory frameworks independently. Brale is contributing to Canton Network infrastructure while enabling enterprise stablecoin adoption through wallet and payment solutions.
Institutional Payments, Clearing & B2B Solutions
Bitwave
The digital asset finance platform and a provider of a new on-chain B2B payment network that serves two main functions on the Canton Network. First, it enables enterprises to conduct privacy-preserving B2B stablecoin payments while maintaining auditability for authorized regulators. Second, it allows all network participants to track and price Canton Coin transactions, such as super validator rewards and on-chain token transfers. A key feature is its direct integration with enterprise ERP systems like NetSuite and QuickBooks, which allows for full financial reconciliation of all on-chain activity.
PaySafe
The global payments platform known for its payment processing, digital wallets, and online cash solutions, brings its decades of industry experience to the Canton Network. Operating as a validator and payments infrastructure provider, PaySafe's contributes to network governance while providing the critical bridge between traditional payments industry standards and blockchain-native settlement infrastructure.
Ubyx
The stablecoin clearing system designed to deliver "stablecoin ubiquity," or the global acceptance of many stablecoins. The firm, which announced a $10M seed round led by Galaxy Ventures in June 2025, addresses market fragmentation by connecting multiple stablecoin issuers with banks and fintechs. This enables stablecoins to be redeemed at face value into existing accounts, a key step in allowing them to be held as cash equivalents. On the Canton Network, Ubyx operates as both a validator and infrastructure provider, that leverages Canton's privacy architecture to provide the confidential, auditable, and compliant clearing workflows that financial institutions require, but which public blockchains lack.
Foundational Infrastructure, Liquidity & Network Utilities
Zero Hash
A leading crypto and stablecoin as-a-service platform, Zero Hash announced its broad support for the Canton Network in October 2025. As part of this integration, the project operates as a "super validator" to help ensure network stability and resilience. This move enables Zero Hash's vast institutional client base, which already includes firms like Interactive Brokers, Morgan Stanley, Franklin Templeton, Stripe, Kalshi Shift4 and Public.com to access a complete, end-to-end infrastructure. This allows them to buy, sell, custody, and transact with Canton Coin (CC) and USDC.Canton, and also use Zero Hash's tokenization engine to issue new tokenized assets directly on the Canton blockchain.
Checker Finance
Positioned as "The Global Liquidity Network for Stablecoins," Checker Finance operates as both a validator and a specialized infrastructure provider on Canton. Its core function is to provide a single API integration that connects fintechs and other institutions to a deep pool of liquidity from over 50 providers across 75+ currencies. The platform is designed to intelligently route transaction orders to the optimal provider based on price, speed, and reliability, ensuring efficient, compliant stablecoin liquidity for institutional settlement and remittances.
Denex Gas Station
As one of the first teams to build key utilities on Canton, Denex delivered the "Gas Station" application for seamless bandwidth management. Operating as both a validator and app provider, this utility allows users to convert Canton Coin or Fiat into "traffic credit". The application automatically monitors and renews a firm's traffic credit, ensuring uninterrupted network activity and consistent transaction capacity for both validators and applications.
Conclusion
Canton's asset and payments ecosystem is far more than just a list of tokens. It represents the maturation of the market, where the technology is being applied to solve real-world financial problems. We are seeing a clear, two-way integration. On one side, traditional finance is bringing its largest assets on-chain to gain speed, transparency, and efficiency. On the other, digital-native assets like Bitcoin are being brought into the institutional pool, allowing them to be used as regulated collateral for the first time.
This combination is powerful. It creates a single, compliant system where a U.S. Treasury bond, a share in a private credit fund, and a Bitcoin-backed asset can all coexist. They can all be exchanged instantly using regulated, cash-equivalent stablecoins. This is the true engine of the new on-chain economy.
In Part 3, we will explore the critical next piece: the exchanges, market makers, and liquidity providers that create a live, 24/7 marketplace for institutions.
The information provided by DAIC, including but not limited to research, analysis, data, or other content, is offered solely for informational purposes and does not constitute investment advice, financial advice, trading advice, or any other type of advice. DAIC does not recommend the purchase, sale, or holding of any cryptocurrency or other investment.
