Canton Network
Canton Network is a privacy-enabled Layer 1 blockchain for institutional finance, operated by Digital Asset Holdings, LLC, enabling banks, asset managers, and market infrastructure providers to conduct tokenization, collateral mobility, and settlement workflows with sub-transaction level privacy and atomic cross-chain interoperability via the Global Synchronizer.
- Company typePrivate
- Founded2024
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Canton Network does
Canton Network is a privacy-enabled Layer 1 blockchain purpose-built for institutional finance, operated by Digital Asset Holdings, LLC. Launched in July 2024, the protocol uniquely combines the decentralization of a public blockchain with the privacy controls required by regulated financial institutions. Its core architectural components include the Daml smart contract language, a proof-of-stakeholder consensus model in which only transaction participants validate transactions (preserving confidentiality from infrastructure operators), and the Global Synchronizer, a decentralized interoperability backbone that enables atomic cross-chain transactions such as Delivery versus Payment across independent private deployments. Sub-transaction level privacy ensures each party receives only the parts of a transaction applicable to them on a need-to-know basis.
The ecosystem spans the Canton Network blockchain itself, the Global Synchronizer, the DA Registry App for tokenization and collateral management, and developer tooling including CC Explorer (monitoring), CCTools (community platform with 23,000+ users), Gas Station (bandwidth management), 7Trust (identity credentials), Console Wallet, and the Zenith EVM layer enabling Solidity developers to deploy on Canton. Products in the regulated access layer include the 21shares Canton Network ETF (TCAN) on Nasdaq and the Bitwise Canton ETP (BWCC) on Deutsche Börse Xetra.
The business model operates on multiple levels. At the network level, Canton generates protocol fees under a burn-and-mint equilibrium, with Canton Coin rewards distributed 35% to infrastructure providers (super validators), 50% to application builders, and 15% to users. Digital Asset Holdings captures revenue from enterprise deployments, developer tools, and ecosystem services. The go-to-market combines enterprise field sales targeting C-suite at major financial institutions, community-led growth through hackathons and validator programs, and retail/institutional access via exchange listings and ETFs. Target customers are concentrated in Tier 1 financial institutions across banking (JPMorgan, HSBC, BNP Paribas, Lloyds, Bank of America, Societe Generale), asset management (Franklin Templeton, Goldman Sachs), market infrastructure (DTCC, Euroclear, Broadridge), payments (Visa, Circle), and custody (BitGo). The network is reported as profitable and processes over $4 trillion in monthly transaction volume with $344B+ in asset value represented on-chain.
Canton Network firmographics
Firmographics- Name
- Canton Network
- Legal name
- Digital Asset Holdings, LLC
- Website
- https://canton.network
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Canton Network is a privacy-enabled Layer 1 blockchain for institutional finance, operated by Digital Asset Holdings, LLC, enabling banks, asset managers, and market infrastructure providers to conduct tokenization, collateral mobility, and settlement workflows with sub-transaction level privacy and atomic cross-chain interoperability via the Global Synchronizer.
- Ownership category
- akta.pro rank
Canton Network industry classification
Industry- Product category
- Institutional Blockchain Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (523210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD)
- akta.pro secondary industries
- Interoperability & Cross-Chain Infrastructure (Bridges, Messaging, Atomic Swaps) (FSAGAMAI), Tokenized Real-World Assets & On-Chain Treasuries (tokenized T-bills, money markets, cash management) (FSAPAEAJ), Blockchain Settlement & Clearing Infrastructure (On-/Off-chain Post-Trade) (FSAGAMAC), Consortium Networks & Governance (network setup, onboarding, rules, node operations) (FSAPAIAB)
Keywords
Where Canton Network is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Canton Network business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Protocol Fees: The Canton Network generates revenue through protocol fees charged for transactions and network usage. Fees are burned and new coins are minted based on participation, creating a burn-and-mint equilibrium that keeps supply responsive to demand. Network generated $60.8M in fees over 30 days (June 2026) and $66.6M in protocol fees in April 2026.
- Application Builder Rewards: 50% of Canton Coin rewards are distributed to application builders deploying smart contracts, tokenizing assets, and creating applications. Applications earn rewards proportional to fees they generate for the network, creating alignment between app success and network growth.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
Canton Network product offering
Product offeringCore offering
Canton Network is a privacy-enabled Layer 1 blockchain protocol purpose-built for institutional finance and real-world asset tokenization. It provides configurable privacy, sub-transaction level data isolation, and a Global Synchronizer that coordinates cross-chain atomic transactions across independent private deployments. Financial institutions, asset managers, custodians, and market infrastructure providers use Canton to deploy tokenized assets, execute on-chain repo financing, settle stablecoin payments, and mobilize collateral without exposing proprietary data to infrastructure operators.
Product overview
Canton Network is a privacy-enabled Layer 1 blockchain purpose-built for institutional finance, developed by Digital Asset. The platform uniquely combines the decentralization of public blockchain with the privacy and controls required for financial markets, enabling participants to exchange data and value without sacrificing privacy or control. The core architecture includes the Global Synchronizer as the interoperability backbone for cross-chain atomic transactions, and the DA Registry App providing modular building blocks for tokenization, trading, financing, and collateral management. The ecosystem is supported by developer tools including CC Explorer for transaction monitoring, CCTools as an all-in-one community platform, Gas Station for bandwidth management, 7Trust for identity credentials, Console Wallet for clear signing, and Chata Sync Insights for AI-powered analytics. Zenith provides EVM compatibility enabling Solidity developers to build on Canton. Institutional access is enabled through exchange-traded products including the 21shares Canton Network ETF (TCAN) on Nasdaq and the Bitwise Canton ETP (BWCC) on Deutsche Börse Xetra.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- $4T+ monthly transaction volume processed on network
- +5 more outcomes
Companies that use Canton Network
Customer profileNamed customers13 records
Segments4 records
Ideal customer profiles3 records
Canton Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
AI capability2 records
Feature5 records
Canton Network partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and flagship.
- Societe Generale (SG-FORGE)coreDeploying EURCV and USDCV stablecoins on Canton Network to support tokenized collateral, repo financing, and institutional settlement. Bank participates as strategic partner and validator on network.
- Global Settlement NetworkcoreGlobal Settlement Network joined as Validator and Featured Application deploying GSX ID credentialing platform enabling institutions to verify KYC, AML, and investor qualifications once across the network.
- MeshcoreMesh became Super Validator supporting network security, stability, and infrastructure connecting traditional finance and crypto markets.
- LayerZerocoreLayerZero's cross-chain interoperability protocol integrated with Canton Network enabling traditional financial institutions to route tokenized assets across 165+ public blockchains while maintaining compliance standards.
- Moody'scoreMoody's launched Token Integration Engine (TIE) becoming first credit rating agency to operate a node on Canton Network and share credit insights on-chain.
- ChainlinkcoreLive deployment of Chainlink data standards and CCIP on Canton blockchain ecosystem for enhanced institutional-grade tokenization and real-world asset management. Chainlink Labs serving as Super Validator.
- FireblockscoreFireblocks integrated Canton Network enabling secure custody for Canton Coin and governed settlement for financial institutions through NYDFS-chartered trust entity.
- JPMorgan (Kinexys)coreJPMorgan's Kinexys unit bringing JPM Coin deposit token natively onto Canton Network enabling institutional clients to issue, transfer, and redeem digital U.S. dollar deposits on blockchain infrastructure.
- DTCCflagshipStrategic partnership to tokenize U.S. Treasury securities custodied by DTC on Canton Network. MVP targeted for H1 2026. DTCC joined Canton Foundation as co-chair alongside Euroclear to set industry-wide standards for decentralized financial infrastructure.
- RedStonecorePartnership enables DeFi access to $6T worth of tokenized real-world assets. RedStone serving as primary oracle for Canton providing secure, real-time data feeds bridging institutional markets with DeFi protocols.
- Franklin TempletoncoreExpanded Benji tokenization platform to Canton Network enabling institutional clients access to tokenized investment products and increasing liquidity in regulated digital markets.
- EuroclearflagshipEuroclear participating in Canton pilots demonstrating tokenized assets for 24x7 collateral mobility. Co-chair of Canton Foundation alongside DTCC. Pilots included 500+ executed transactions across 27 market participants.
Scale indicators12 records
Recent moves6 records
Expansion highlights7 records
Canton Network competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key highlights7 records
Customer concentration
Canton Network social profiles
Digital presenceCanton Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Canton Network leadership team
Management profileNumber of profiles
Profiles1 record
Canton Network subsidiaries and ownership
Company hierarchySubsidiaries1 record
Canton Network funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Canton Network M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Canton Network
What does Canton Network do?
Canton Network is a privacy-enabled Layer 1 blockchain protocol purpose-built for institutional finance and real-world asset tokenization. It provides configurable privacy, sub-transaction level data isolation, and a Global Synchronizer that coordinates cross-chain atomic transactions across independent private deployments. Financial institutions, asset managers, custodians, and market infrastructure providers use Canton to deploy tokenized assets, execute on-chain repo financing, settle stablecoin payments, and mobilize collateral without exposing proprietary data to infrastructure operators.
Is Canton Network a public or private company?
Canton Network is a private company. It is classified as venture growth investor backed and is currently operating.
When was Canton Network founded?
Canton Network was founded in 2024. It employs 11 to 50 people.
Where is Canton Network based?
Canton Network is headquartered in New York, United States, in the North America region.
How does Canton Network make money?
Two revenue lines are on record. Protocol Fees are the primary driver. The others are application Builder Rewards.
Does Canton Network have an API?
Yes. Canton Network provides developer resources and documentation for building on its blockchain platform. Developer resources are accessible via https://www.canton.network/developer-resources-retired and ecosystem tools including API access for CC Explorer monitoring. The platform supports Daml smart contract language for application development. Developer documentation is at www.canton.network/developer-resources-retired.
What industry is Canton Network in?
Canton Network's product category is Institutional Blockchain Infrastructure. Its primary akta.pro industry code is FSAPAIAD, Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity), with a secondary code of FSAGAMAI, Interoperability & Cross-Chain Infrastructure (Bridges, Messaging, Atomic Swaps). Its NAICS code is 522320 and its SIC code is 6200.