Canton Network

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.

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

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

• Institutional blockchain infrastructure
• Privacy-preserving blockchain
• Real-world asset tokenization
• Cross-chain settlement
• Smart contract platform

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. 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.
2. 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

Core 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

Named customers13 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability2 records

Feature5 records

Partnerships

Twelve partnerships are on record, tiered core and flagship.

• Societe Generale (SG-FORGE)coreStrategic or Co-development Partner · 13 May 2026Deploying 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 NetworkcoreTechnology or Integration · 30 April 2026Global 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.
• MeshcoreTechnology or Integration · 27 March 2026Mesh became Super Validator supporting network security, stability, and infrastructure connecting traditional finance and crypto markets.
• LayerZerocoreTechnology or Integration · 26 March 2026LayerZero'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'scoreStrategic or Co-development Partner · 18 March 2026Moody's launched Token Integration Engine (TIE) becoming first credit rating agency to operate a node on Canton Network and share credit insights on-chain.
• ChainlinkcoreTechnology or Integration · 25 February 2026Live 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.
• FireblockscoreTechnology or Integration · 11 February 2026Fireblocks integrated Canton Network enabling secure custody for Canton Coin and governed settlement for financial institutions through NYDFS-chartered trust entity.
• JPMorgan (Kinexys)coreStrategic or Co-development Partner · 7 January 2026JPMorgan'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 or Co-development Partner · 5 January 2026Strategic 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.
• RedStonecoreTechnology or Integration · 9 December 2025Partnership 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 TempletoncoreStrategic or Co-development Partner · 12 November 2025Expanded Benji tokenization platform to Canton Network enabling institutional clients access to tokenized investment products and increasing liquidity in regulated digital markets.
• EuroclearflagshipStrategic or Co-development Partner · 24 September 2025Euroclear 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

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCIHXoQayuWc_F41qa4Nf_Hw
• LinkedInlinkedin.com/company/canton-network
• Xx.com/cantonnetwork

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Canton Network