"Major Financial Institutions Embrace Canton: Merging Blockchain Technology with Wall Street Compliance"
- P2P.org, a $10B staking infrastructure provider, joins Canton Network as a validator, aligning with institutional banks like Goldman Sachs and JPMorgan. - Canton Network processes $4T in tokenized assets using a privacy-focused validator structure where nodes only handle transactions they participate in. - Canton Coin's reward model allocates 35% to infrastructure providers, 50% to developers, and 15% to users, tied to network activity and usage. - Institutions like Broadridge and Tradeweb use Canton for
P2P.org, a staking infrastructure provider managing over $10 billion in assets across more than 40 blockchains, has become a validator on the Canton Network. This development places P2P.org alongside an expanding roster of institutional players, including prominent financial institutions such as
Debuting in May 2023, the Canton Network is a blockchain infrastructure tailored for institutional finance. The platform manages over $4 trillion in tokenized assets and features an architecture where validators only process transactions they are directly involved in, thereby enhancing privacy and regulatory compliance for institutional participants. Jonathan Reisman, product manager at P2P.org, pointed out that most blockchains do not cater to institutional needs, but platforms like Canton make it possible to carry out secure and private transactions that fulfill those standards.
Institutional staking has become a significant trend within the crypto sector, with networks such as
The Canton Network’s rewards are further governed by a burn-and-mint mechanism. Transaction fees are destroyed, permanently removing tokens from circulation, while fresh coins can be created every 10 minutes depending on user activity. This self-balancing system helps maintain price equilibrium and ties Canton Coin’s value to actual utility on the network. Moreover, transaction fees are set in US dollars, while the token’s value fluctuates with market demand, providing a level of stability not often found in speculative cryptocurrencies.
Canton Coin forms the backbone of the network’s economic structure and serves several roles, including transaction fee payments, incentivizing network activity, and optional payments for applications. The token’s fair launch ensures every coin is distributed through participation—there are no pre-mined tokens or advance sales—so ownership corresponds with value creation on the network. In the first decade, 100 billion Canton Coin will be created, followed by an annual issuance of 2.5 billion coins, with the goal of burning an equal amount to keep the total supply steady at 100 billion.
The Canton Network is already seeing real-world implementation by major financial institutions. For example, Broadridge’s Distributed Ledger Repo (DLR) processes more than $4 trillion in U.S. Treasury repo transactions each month through Canton, while Tradeweb uses the Global Synchronizer to enable atomic settlement across domains in fixed income and derivatives markets. Additionally, firms like
With the growing embrace of blockchain infrastructure by institutions, Canton Network’s distinct focus on privacy, interoperability, and incentive alignment marks it as a top contender for real-world asset tokenization. P2P.org’s addition as a validator strengthens the network’s credibility and resources, potentially accelerating institutional engagement with digital assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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