About Canton
Canton is a public, privacy-enabled Layer 1 smart-contract blockchain built for institutional finance and the tokenization of real-world assets. Digital Asset developed it, and the Global Synchronizer Foundation handles ongoing token governance. The mainnet and Canton Coin launched in 2024. The network uses a proof-of-stake-style validator model with Super Validators and application providers, supported by the Splice infrastructure layer. Canton Coin (ticker CC) is the network's native utility token. It pays network fees, rewards validators and infrastructure operators, and enables participation in on-chain governance through Super Validator roles. There was no pre-mine, presale, or venture capital allocation; tokens are earned by providing network utility. The supply model follows a burn-mint equilibrium: holding fees and transaction activity continuously burn CC, while new CC is minted as validator rewards. This produces an effectively uncapped but demand-sensitive issuance with no permanent fixed maximum. Canton is designed to support on-chain settlement and lifecycle management of tokenized financial instruments in a privacy-preserving smart-contract environment for institutional participants.
Kintsu opens private beta on Canton Network for lending and staking
Kintsu's private beta on Canton Network could revolutionize privacy in financial transactions, potentially reshaping digital asset lending.
DRW and Marex complete first OTC derivative referencing a tokenized index
This milestone in tokenized derivatives could streamline institutional trading, enhancing transparency and efficiency in financial markets.
S&P DJI expands tokenization push with institutional swap on Canton
The onchain derivatives swap by S&P DJI could revolutionize institutional trading, enhancing efficiency and reducing transaction costs.
IMF says tokenized repos average $300 billion to $350 billion a day
Tokenized repos show potential for financial efficiency but face regulatory and systemic risk challenges, needing clearer legal frameworks.
Ripple Custody adds Canton Network support for institutions
Ripple Custody version 1.43 adds Canton Network support, letting institutions hold and transfer Canton Coin and CIP-56 tokens in one platform.
DefiLlama data shows 71% of blockchains generated zero fees in 24 hours
The concentration of blockchain fee generation suggests a market dominated by a few networks, impacting investment and development focus.
A sourced map of Canton's relationships is on the way.
Partners, competitors and related assets, each link independently verified and source-linked before it appears here.
The Crypto Briefing podcast is on the way.
Conversations on Canton and the wider market, hosted by our team, will appear here once episodes are live.