Canton news

Temple Digital Group has integrated its trading metrics with analytics platform Token Terminal, becoming the top revenue-generating application on the Canton Network. Temple operates as the first central limit order book exchange built natively on Canton, offering 24/7 institutional trading with non-custodial settlement for approved counterparties. It launched trading on January 8, 2026. The integration makes Temple's real-time performance data publicly accessible. The company has raised a $5 million seed round in October 2025, with additional investment from SBI Group. In May 2026, Kaiko integrated Temple's market data, including full order book information. Temple has no plans to launch its own token, focusing on privacy and compliance, and intends to expand into more regulated markets later in 2026.

SBI Holdings has restructured a wholly owned subsidiary into SBI Digital Practice to focus on the Canton Network, expanding its institutional blockchain strategy beyond Ripple and the XRP Ledger. The new unit will build financial infrastructure and applications for institutions, leveraging Canton's network of over 600 institutions and $6 trillion in assets. SBI retains full ownership and has been a Super Validator on the network. This move does not signal an exit from Ripple; SBI Ripple Asia continues its joint venture with Ripple. Instead, SBI is adopting a multichain approach, having recently partnered on Solana-based tokens and with Ondo Finance for tokenized Japanese equities. The Canton Network's connection to tokenized U.S. Treasuries through DTCC provides a direct U.S. market link for SBI's expansion into institutional on-chain finance.

Digital Asset, the developer of the Canton blockchain network, has raised an additional $10 million from South Korea's Shinhan Financial Group and Standard Chartered's SC Ventures, increasing its recent funding round total to $365 million. The investment was made at the same $2 billion equity valuation as the previous round, according to a source familiar with the matter. Digital Asset initially announced the $355 million round last month, led by a16z crypto with participation from major institutions including ABN Amro, BNP Paribas, HSBC, and others. CEO Yuval Rooz said the new investors bring global reach and expertise to support regulated financial institutions using the Canton Network, a public Layer 1 blockchain designed for privacy, compliance, and control. The Canton Network's native CC token was trading at around $0.13, up about 2% over 24 hours, with a market capitalization of nearly $5 billion.

Tradeweb has executed a real-time onchain transaction involving tokenized US Treasuries on the Canton Network. Franklin Templeton transferred a tokenized Treasury security to Virtu Financial in exchange for tokenized cash, with Tradeweb providing execution and price discovery. The trade settled in real time, marking the first such transaction settled against USDCx stablecoin. The transaction precedes the DTCC's planned launch of Tokenization Services later this year. Franklin Templeton continues expanding into tokenized assets, having recently partnered with Binance and Ondo Finance. Governments are also advancing tokenized bonds, with Hong Kong issuing its third digital bond and the UK launching a pilot with HSBC Orion. Tokenized US Treasury products have grown into a $14.6 billion market.

Digital Asset, the creator of the Canton Network, raised $355 million in a funding round led by Andreessen Horowitz's a16z crypto. The round included the Abu Dhabi Investment Authority, Citadel Securities, CME Ventures, S&P Global, and other global financial firms. Canton is a permissioned blockchain designed for financial institutions, enabling on-chain transactions for real-world assets like bonds and equities. The firm said it has over 700 ecosystem participants and will use the capital to support network growth and developer engagement.

Digital Asset, the developer of the Canton Network blockchain, has raised $355 million in a funding round led by a16z crypto, with participation from major financial institutions including ABN Amro, Apollo Funds, BNP Paribas, Citadel Securities, HSBC, SBI Group, and Abu Dhabi Investment Authority. The round exceeded its $300 million target at a $2 billion valuation. The funding underscores growing institutional interest in blockchain infrastructure tailored for regulated markets, as traditional finance firms increasingly back onchain capital markets solutions.

Visa is testing private stablecoin settlement on the Canton Network with Brale, using Brale's SBC stablecoin to simulate institutional payment flows without exposing sensitive data. The proof of concept aims to evaluate whether privacy-enabled blockchain infrastructure can deliver the performance and compliance standards expected by financial institutions. The initiative extends Visa's earlier experiments with public blockchain settlement, targeting banks that seek onchain efficiency while maintaining control over counterparty and transaction visibility. Canton, backed by JPMorgan, Goldman Sachs, and others, allows only authorized participants to view deal data. The push aligns with broader trends: stablecoin issuance has surpassed $300 billion, and the GENIUS Act could expand their use in merchant and cross-border payments. S&P Global warns stablecoins may threaten banks' payments income but also create new opportunities for issuers.

Canton Network captured 42% of blockchain fees in Q1 2026, totaling $193 million, topping Messari's rankings as institutional activity surged. The Layer-1 network, built for regulated institutions and launched by Digital Asset with partners like Goldman Sachs and JPMorgan, benefited from growth in tokenized real-world assets and repo markets. While aggregate fees rose 2% quarter-over-quarter, gains were concentrated in a few chains; Canton's CC token traded at $0.15, down 3% in 24 hours, despite the network's fee dominance.

Visa and Brale have launched a proof-of-concept to test stablecoin-based settlement using Brale's SBC token on the Canton Network, according to a Thursday release. The initiative aims to evaluate privacy-enabled blockchain infrastructure for institutional payments, offering faster and programmable settlement while allowing financial institutions to control visibility of sensitive transaction data. Visa's Head of Crypto, Cuy Sheffield, stated the collaboration assesses how SBC on Canton can support institutional use cases requiring programmability and privacy controls. Visa began stablecoin settlement in 2021, and its pilot reached a $7 billion annualized run rate as of April, spanning nine blockchains. The total supply of dollar-pegged stablecoins is approaching $300 billion, with USDT and USDC leading, per The Block's data.

Bitwise launched the Bitwise Canton ETP (BWCC) on Deutsche Börse Xetra, tracking the Canton Network’s native token CC. The product has a 0.85% expense ratio and is fully backed by CC tokens in cold storage. The Canton Network is a privacy-enabled permissioned blockchain developed with participation from Goldman Sachs, BNP Paribas, Deutsche Börse, and others. The ETP can be traded via traditional brokerage accounts without a crypto wallet. The launch follows the debut of the 21Shares Canton Network ETF on Nasdaq earlier this month. CC token was trading at $0.16, down 1.4%, with a market cap of $6.3 billion.