Tokenized Repo Moves Market Plumbing Toward Near-Instant Settlement
Major repo market participants are shifting core settlement infrastructure onto distributed ledgers, using tokenized cash and securities to compress settlement windows and reduce counterparty risk. The change marks a structural upgrade to financing-market plumbing, with platforms such as JPMorgan’s Kinexys, Broadridge’s DLR and the Canton Network already processing large volumes through pilots and early deployments.
Digital Asset Seeks $300M to Scale Canton Network
Digital Asset Holdings is pursuing roughly $300 million in new capital at an implied valuation of about $2 billion, according to a Bloomberg report. The financing would support the next phase of Canton Network deployment, giving the company more resources to expand its institutional tokenization infrastructure.
Canton’s Yuval Rooz Says Crypto Sell‑off is Repricing ‘Empty Shell’ Token Models
The latest crypto sell-off is forcing a valuation reset, and Digital Asset CEO Yuval Rooz says the market is finally repricing “empty shell” token models. In a recent interview, Rooz, the cofounder behind the privacy-enabled Canton Network, said he is not worried about the state of the market and that turbulence has not scared off […]
DTCC selects privacy-focused Canton Network to tokenise U.S. Treasuries
The Depository Trust & Clearing Corporation (DTCC) has chosen the Canton Network to pilot tokenization of U.S. Treasury securities, gaining a limited regulatory runway via an SEC no-action letter. The move targets faster settlement, expanded liquidity and 24/7 on-chain workflows that could reshape how institutional treasuries and trading desks manage collateral.