Canton | Crypto

Matter Labs’ Alex Gluchowski says Canton isn’t a blockchain, while Digital Asset co-founders argue public chains aren’t that different. Banks are moving onchain through competing models that take different approaches to how financial rules are enforced. On the one hand are blockchain-native builders like Matter Labs co-founder Alex Gluchowski, who argue that financial systems require rules to be enforced across all participants. On the other are networks built for institutions like Canton, which prioritize privacy, control and interoperability over global state. Gluchowski is among the most vocal critics of the latter approach, arguing it reproduces the limitations of traditional finance in a new form. The core of the critique is whether rules can be enforced across an entire network. That’s not possible in systems like Canton, he claimed. Read more

The Japanese Securities Clearing Corporation will test using Japanese government bonds as digital collateral on the Canton network with Mizuho, Nomura and Digital Asset. Japan Securities Clearing Corporation (JSCC), part of Japan Exchange Group (JPX), said Monday it will launch a proof of concept with Mizuho Financial Group, Nomura Holdings and Digital Asset to test the use of Japanese government bonds as digital collateral on the Canton Network. The project will examine whether Japanese Government Bonds (JGBs) can be transferred and managed onchain while maintaining the legal status of the bonds under the Book-Entry Transfer Act and the Financial Instruments and Exchange Act. The trial will also test whether integrating existing systems with Canton’s blockchain infrastructure can support more sophisticated, real-time collateral transactions on a 24/7 basis, including in cross-border use cases. Read more

Digital Asset cofounder and CEO Yuval Rooz said the latest crypto sell‑off is repricing “empty shell” token models and pushing institutions to chains with value, privacy and predictability. The cryptocurrency market sell‑off is forcing a reckoning in the industry to reward blockchains with real business models, where value flows to token holders and users rather than intermediaries or speculative order flow, according to Yuval Rooz. Rooz is the co-founder and CEO of Digital Asset, creator of the institutional‑grade, privacy‑enabled Canton Network. In an exclusive interview, he told Cointelegraph that he’s not worried about the state of the crypto market, and the turbulence hasn’t scared off his core customer base. He pointed to Canton Network and derivatives exchange Hyperliquid as examples of what investors are gravitating toward. Read more

Altcoin season has remained out of reach even as Bitcoin has held near $90,000 and Canton, Ethena and Ondo have posted daily gains, suggesting that cautious capital has started to return to tokens with active use while overall market sentiment has shifted from extreme fear to caution and patience. The post Altcoin Season Breathes Lightly As Canton, Ethena And Ondo Rise In A Cautious Market appeared first on Cryptonews.

As Tharimmune raises $540 million to build a Canton Coin treasury, the story behind the Canton Network shows that ICOs are not the only way to launch new blockchains. The blockchain ecosystem is home to several highly successful smart contract protocols, which makes the arrival of newcomers highly competitive. Canton Network is one of the newest ‘next generation layer one’ to vie for users and capital from incumbents like Ethereum and Solana. Alongside SUI and Aptos, Canton’s rise challenges the assumption that we have too many blockchains. Rooz said that the developers had taken a lot of learnings from the launches of other layer-1 protocols as well as the teething problems of established players like Ethereum.  Read more

Digital Asset and a consortium of major financial institutions have completed an on-chain U.S. Treasury repo transaction on the Canton Network, involving USDC as the cash leg and tokenized Treasuries as collateral. The trade, executed on Tradeweb during the weekend, is being positioned as an industry first for enabling atomic settlement of both legs entirely […] The post US Treasuries trade on Saturday as banks join Canton blockchain settlement test appeared first on CryptoSlate.