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Canton Network: The Blockchain Powering $350 Billion in Daily Repo Transactions

Canton Network processes $350 billion daily in repo trades, with major financial institutions adopting its privacy-focused blockchain.

Canton Network has rapidly established itself as a pivotal blockchain infrastructure in the financial sector, processing a staggering $350 billion in daily repo transactions. This Layer 1 blockchain technology manages over $6 trillion in tokenized real-world assets, supported by a robust network of more than 600 validator nodes globally. Prominent financial institutions such as JPMorgan, DTCC, Goldman Sachs, and Franklin Templeton have already implemented production systems on this innovative platform.

The system efficiently handles upwards of 700,000 daily transactions, all while adhering to stringent privacy standards essential for regulated financial entities. The architecture of the Canton Network is tailored specifically for institutions that require the transfer of real-world assets on-chain, prioritizing privacy among counterparties, swift settlement times, and native compliance functionalities.

In traditional public blockchains, transaction transparency can pose significant legal challenges for banks, which are obligated to protect client confidentiality. As highlighted by Delphi Digital, “the network settles $350 billion a day on a blockchain many people have never heard of.” The Canton Network addresses these privacy concerns through the use of DAML smart contracts, which integrate access and authorization rules directly into the assets and transactions. This enables two firms to execute trades without disclosing sensitive details to external parties, while regulators retain the necessary oversight.

The settlement process on Canton is atomic, allowing for instantaneous execution of trades. This design effectively removes the multi-day clearing periods typical in traditional finance, ensuring that both sides of a transaction are completed simultaneously. The network mitigates risks in repo markets, where extensive sums are exchanged daily, by eradicating the vulnerability period where one party has fulfilled its delivery while the other has not.

Recent months have seen daily repo volumes surge to $350 billion, a notable increase from $280 billion recorded in August 2025. Notably, Broadridge operates its entire Distributed Ledger Repo platform on the Canton Network, marking the first significant live deployment. Repo markets are critical for banks and institutions that borrow short-term funds against Treasury collateral.

The DTCC is set to tokenize U.S. Treasury securities on the Canton Network, having secured approval from the SEC through a No-Action Letter. The project aims for a minimum viable product release in the first half of 2026, with a broader rollout anticipated later that year. Additionally, DTCC has taken a leadership role as co-chair of the Canton Foundation, alongside Euroclear.

This initiative is not merely a test or pilot; it represents a substantial move towards practical blockchain applications in finance. Moreover, Franklin Templeton has broadened its tokenized fund platform by integrating with Canton Network, joining the ranks of major players like Goldman Sachs, BNP Paribas, and Deutsche Börse. In a significant development, JPMorgan“s blockchain unit Kinexys plans to issue the JPM Coin, its USD deposit token, natively on the Canton Network come January.

In a further endorsement of the platform, Fireblocks has integrated with Canton and has become a Super Validator, providing secure custody solutions for institutional clients. The network also includes other regulated firms such as HexTrust and Tharimmune, which is notable as the first NASDAQ-listed company operating as a super validator.

Canton Network”s focus on privacy and security is reflected in its operational structure, which lacks public block explorers, emphasizing its institutional orientation. As industry experts have noted, “Canton was not built for retail. It was built for the firms that move your money.”

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