News linked to both this project and an event.
According to CoinDesk, Digital Asset, the blockchain developer behind Canton Network, has announced a $355 million funding round led by a16z crypto, with participation from global institutions including ABN Amro, Apollo Funds, BNP Paribas, Citadel Securities, HSBC, SBI Group, and a subsidiary of the Abu Dhabi Investment Authority. The round exceeded its original target of $300 million, valuing the company at $2 billion. Canton Network is designed specifically for large financial institutions and enables the issuance and trading of tokenized real-world assets—such as bonds, loans, and funds—on a shared ledger, while maintaining privacy and meeting regulatory compliance requirements. In addition to financial support, a16z crypto will provide specialized assistance in development, policy, and research.
payments giant Visa has announced a partnership with Brale to explore the feasibility of using Brale’s US dollar-pegged stablecoin, SBC, for institutional payment settlements on the Canton Network. This proof of concept aims to assess how privacy-preserving blockchain infrastructure can support faster and programmable settlement, while helping financial institutions and payment companies control the visibility of sensitive transaction data. (Businesswire)
crypto asset trading platform Gate has officially announced support for USDCx deposit and withdrawal services on the Canton Network. Users can now utilize USDCx in scenarios such as trading and asset management on the platform. To coincide with the launch of this feature, Gate is rolling out multiple activities including CandyDrop, the USDCx Deposit Challenge, and the Yu Bi Bao wealth management product, with total rewards amounting to $150,000 worth of Canton ecosystem tokens, CC.According to public information, USDCx is a stablecoin natively issued on the Canton Network, backed 1:1 by USDC. Its reserves are held in the Circle xReserve smart contract and comply with the CIP-56 standard. It offers interoperability and full composability across different applications and asset scenarios, while also addressing privacy requirements.Gate's launch of USDCx, accompanied by multi-dimensional incentives, helps enhance the liquidity and user coverage of the Canton ecosystem. It also reflects the platform's ongoing commitment to integrating emerging public chain ecosystems, expanding interoperable digital asset infrastructure, and supporting the evolution of institutional-grade on-chain finance. Looking ahead, Gate will continue to expand high-quality on-chain assets and ecosystem partnerships, driving more innovative assets and application scenarios to global users.
JPMorgan announced its blockchain platform Kinexys has exceeded $1.5 trillion in cumulative transaction volume since its launch in 2020, processing over $2 billion in daily transaction volume.Additionally, in May 2026, JPMorgan applied to launch a tokenized Treasury fund, built using the Kinexys blockchain infrastructure, designed to meet the reserve asset requirements for stablecoin issuers under the GENIUS Act. Its Q3 2025 13F filing shows JPMorgan increased its holdings of iShares Bitcoin Trust shares by 64% to 5.28 million shares, valued at approximately $343 million.Meanwhile, Kinexys and Digital Asset plan to bring JPM Coin to the Canton Network in 2026 to enable institutional deposit token settlements on public infrastructure. (financefeeds)
Grayscale’s latest research report states that Grayscale Research Head Zach Pandl believes tokenized assets and decentralized finance (DeFi), among other blockchain applications, may experience growth as the CLARITY Act advances and related guidance from the U.S. Securities and Exchange Commission (SEC) becomes increasingly clear. Grayscale identifies Ethereum, Solana, BNB Chain, and Canton Network—currently dominant in on-chain financial activities—as likely to attract institutional capital first. The report notes that Ethereum, Solana, and BNB Chain lead in areas such as tokenized assets, stablecoins, and DeFi, while Canton Network also holds a significant share in the tokenized assets space.
According to The Block, 21Shares’ Canton Network ETF began trading on Nasdaq Thursday under the ticker symbol TCAN. This fund is the first ETF in the U.S. to offer direct exposure to Canton Coin—the native utility token of the Canton Network. The Canton Network is a privacy-preserving blockchain ecosystem built for institutional finance, with core developer Digital Asset backed by Goldman Sachs, Microsoft, and DTCC. Over the past year, the U.S. market has launched ETFs tracking various crypto assets, including SOL, XRP, DOGE, HBAR, and Polkadot.
According to the HTX announcement, HTX has enabled CC deposits as of April 21 at 21:00 (GMT+8). Spot trading for CC/USDT will commence on April 22 at 18:00 (GMT+8). CC withdrawals will be available starting April 23 at 18:00 (GMT+8). Additionally, HTX Margin Trading will introduce CC/USDT (10x) isolated-margin leveraged trading on April 22 at 18:00 (GMT+8). CC (Canton) is a recently trending public blockchain project. The Canton Network is a public blockchain offering institutional-grade privacy, with highly configurable privacy-preserving mechanisms as its core feature.
Mizuho Financial Group, Nomura Holdings, Japan Securities Clearing Corporation (JSCC), and Digital Asset Holdings have jointly launched a proof-of-concept experiment on blockchain-based collateral management enhancement. This experiment will leverage the Canton Network—a blockchain platform designed specifically for institutional finance—to explore digital collateral management using Japanese Government Bonds (JGBs). The experiment will test JGB rights transfers and ledger updates via blockchain under a multi-tiered account management structure, and will explore enabling 24/7, real-time collateral transactions while preserving the existing legal attributes of issued securities. It will also cover cross-border scenarios and assess alignment with relevant laws, regulations, and rules. This project is part of the “Payment Enhancement Project (PIP)” supported by Japan’s Financial Services Agency (FSA), aiming to improve cross-border collateral management efficiency, reduce operational costs for financial institutions and investors, and strengthen the international competitiveness of Japan’s financial markets.