Connected capital markets take flight
Insights from the Canton Network Pilot
Connected capital markets take flight
Insights from the Canton Network Pilot
In a groundbreaking blockchain pilot, 45 leading financial institutions, asset managers and service providers connected on the Canton Network, showcasing the exponential power of interoperable capital markets.
This report reveals insights and key learnings from participants, detailing how the Canton Network facilitated atomic transactions at scale across 22 permissioned blockchains. This sets a new precedent for the mobilization and utility of tokenized real-world assets.
Read the report to discover how Canton uniquely addressed threshold issues for capital markets firms related to privacy, control and interoperability to demonstrate for the first time how the industry can realize the core value of blockchain technology without the trade-offs of other networks.
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Canton Network Pilot demo: Real-world asset tokenization with connectivity and control
In a groundbreaking blockchain pilot, 45 leading financial institutions, asset managers and service providers connected on the Canton Network, showcasing the exponential power of interoperable capital markets. This report reveals participant insights and key learnings, detailing how the Canton Network facilitated atomic transactions at scale across 22 independent blockchains, setting a new precedent for the mobilization and utility of tokenized real-world assets.
Read the report to discover how Canton uniquely addressed threshold issues for capital markets firms related to privacy, control and interoperability to demonstrate, for the first time, how the industry can realise the core value of blockchain technology, without the trade-offs of other networks.
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The Canton Network completes the most comprehensive Blockchain Pilot to date for Tokenized Real World Assets
The Canton Network completes the most comprehensive Blockchain Pilot to date for Tokenized Real World Assets
“Canton gives the market a chance to reimagine this infrastructure from zero making it more efficient, predictable, and operationally reliable. The ability to have DvP through the Canton Network will create certainty of settlement allowing us to think about counterparty risk differently.”
Chris Zuehlke,
Global Head of Cumberland & Partner at DRW
“Canton Network fills a void in the market today. Our clients are experimenting but haven’t been able to make the leap to use something in production. And that’s because most of the offered networks in the market are open or permissionless. Even with ‘add-on services’, they don’t offer the privacy that banks need.”
Hany Mesha,
Head of Architecture-Americas, Solutions Architect at Oliver Wyman Digital
“The value of executing on chain is reduced counterparty risk, reduced credit risk, reduced settlement risk, and an increase in the velocity of money and data efficiency.”
Mark Garabedian,
Director of Digital Assets and Tokenization Strategy at Wellington Management
“We don’t want to think in pockets and silos. When you look at repo and equity collateral, for example, you want to think about how those assets can be mobilized. The Canton Network pilot expanded our ability to think about how assets can be used most effectively and opened our minds to new possibilities.”
Director Strategy and Innovation,
Tier 1 US Global Investment Bank
"Overall the pilot was extremely successful in bringing the industry together to demonstrate how a full-blown ecosystem could operate. Some pilots have accomplished some things - but not at this scale in terms of users."
Managing Director,
Tier 1 European Investment Bank
“Canton gives the market a chance to reimagine this infrastructure from zero making it more efficient, predictable, and operationally reliable. The ability to have DvP through the Canton Network will create certainty of settlement allowing us to think about counterparty risk differently.”
Chris Zuehlke,
Global Head of Cumberland & Partner at DRW
“Canton Network fills a void in the market today. Our clients are experimenting but haven’t been able to make the leap to use something in production. And that’s because most of the offered networks in the market are open or permissionless. Even with ‘add-on services’, they don’t offer the privacy that banks need.”
Hany Mesha,
Head of Architecture-Americas, Solutions Architect at Oliver Wyman Digital
“The value of executing on chain is reduced counterparty risk, reduced credit risk, reduced settlement risk, and an increase in the velocity of money and data efficiency.”
Mark Garabedian,
Director of Digital Assets and Tokenization Strategy at Wellington Management
“We don’t want to think in pockets and silos. When you look at repo and equity collateral, for example, you want to think about how those assets can be mobilized. The Canton Network pilot expanded our ability to think about how assets can be used most effectively and opened our minds to new possibilities.”
Director Strategy and Innovation,
Tier 1 US Global Investment Bank
"Overall the pilot was extremely successful in bringing the industry together to demonstrate how a full-blown ecosystem could operate. Some pilots have accomplished some things - but not at this scale in terms of users."
Managing Director,
Tier 1 European Investment Bank
Canton Network TestNet
With the release of TestNet, the organizations already helping to bring the Canton Network to market have demonstrated that the data integration and governance mechanisms at the heart of the infrastructure are sound and functioning effectively.
Canton Network Whitepaper
The whitepaper outlines the vision for the Canton Network-a network of networks for smart contract applications. It also addresses the constraints of current blockchain networks to enable financial institutions and enterprises to enter the next phase of adoption and value.
Basel Committee’s Final Standards
Read how connectivity and control are both required for banks to realize the benefits of tokenization through a blockchain network that is public yet permissioned, and why Digital Asset and the Canton Network are a stand out.