PCP partners with Digital Asset and the Canton Foundation to enable custody-native credit on the network
Dubai, UAE, April 9th, 2026, Chainwire
The collaboration brings integrated lending to Canton-based tokenized and digital assets, enabling institutions to unlock credit directly from custody.
PCP (Programmable Credit Protocol), the credit orchestration infrastructure for tokenized assets, today announced partnerships with Digital Asset, the technology company behind the Canton Network, and the Canton Foundation, the independent governing body of the Canton Network, to bring institutional credit infrastructure to the Canton ecosystem.
The collaboration was confirmed during Abu Dhabi Finance Week 2025 by Rico van der Veen, CEO of PCP; Melvis Langyintuo, Executive Director at the Canton Foundation; and Bayo Atkins, Sales Director MENA at Digital Asset. Through it, PCP will enable custody-native lending against assets on the Canton Network, allowing banks, hedge funds, market makers, and other market participants to borrow and lend against tokenized securities, funds, deposits, Canton Coin, Bitcoin (CBTC), and other assets – without moving collateral out of custody.
Rico van der Veen, CEO at PCP, said: “Every asset on Canton should be financeable — not just transferable. Whether it’s a tokenized Treasury, a fund share, Canton Coin, or Bitcoin, institutions need the ability to borrow against it with robust institutional controls. By working with Digital Asset and the Canton Foundation, we’re bringing the credit layer that turns canton from settlement network into full financial market infrastructure.”
Melvis Langyintuo, Executive Director at the Canton Foundation, said: “Tokenization alone does not create markets — financing does. With PCP, assets on the Canton Network can function as working collateral without leaving regulated custody, improving capital efficiency while preserving control. This collaboration helps expand the financial workflows that institutions can execute on Canton.”
Bayo Atkins, Sales Director MENA at Digital Asset, said: “Canton was designed to enable the safe and interoperable tokenization of real-world financial assets. By integrating credit infrastructure through PCP, institutions can unlock additional utility from the assets they hold on the network, enabling new financing workflows while maintaining custody, compliance and control.”
The Canton Network is rapidly emerging as foundational infrastructure for institutional tokenization, with major financial institutions and Financial market infrastructure providers including DTCC and Euroclear – utilizing its privacy-preserving blockchain architecture. While tokenization improves settlement and interoperability, assets become economically productive only when they can be used as collateral. PCP provides the credit infrastructure that enables institutions to finance assets directly from custody, unlocking capital efficiency across the network.
PCP’s infrastructure allows institutions to request credit, receive competitive quotes from counterparties through its FIX-based RFQ messaging system, and receive funding within minutes – while collateral remains locked in place at the borrower’s custodian. Margining, substitution, and liquidation are handled programmatically, enabling institutions to finance assets without transferring them out of custody and without introducing additional intermediaries or manual reconciliation.
About PCP
PCP (Programmable Credit Protocol) is credit messaging infrastructure for tokenized collateral. It enables banks and custodians to offer repo & secured lending directly from custody — without moving collateral, building custom credit systems, or adding intermediaries. Collateral stays locked in the borrower’s wallet, with margining, liquidation, and lifecycle management handled programmatically. PCP is developed by SemiLiquid Tech Labs LTD.
In December 2025, SemiLiquid conducted a pilot with participation from Franklin Templeton, CMS, and Avalanche. To access the full report and learn more, users can visit: https://pcp.co/
About the Canton Foundation
The Canton Foundation is the independent governing body of the Canton Network, the privacy-enabled blockchain network built for regulated financial services. The Foundation oversees network governance, ecosystem development, and participant onboarding.
About Digital Asset
Digital Asset is a leading innovator in blockchain technology, transforming traditional and digital financial markets with privacy-enabled solutions that improve capital flow and create a more efficient, fair, and resilient global system. As the creator of the Canton Network, the only public layer one blockchain with privacy, and a founding member of its Canton Foundation, Digital Asset has been a pioneer of this open, secure, and interoperable infrastructure. Founded in 2014, Digital Asset is committed to reshaping the future of finance by enabling real-time efficiencies, 24/7 global transactions, and unlocking the full potential of cryptocurrencies, digital assets, and the continued convergence of decentralized and traditional finance.
Disclaimer: PCP is not a lender, custodian, or financial intermediary. PCP does not hold, control, or have access to client assets. All lending relationships are between the participating bank or custodian and their clients. PCP provides the technology infrastructure only.
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