Canton Network Moves $350B Daily as Wall Street Goes Onchain

• Canton Network settles approximately $350B daily and supports $6T+ in tokenized assets for regulated institutions.

• Built for privacy and compliance, Canton uses Daml smart contracts with atomic settlement and regulator access.

• JPMorgan, DTCC, Franklin Templeton, and others run live activity on Canton with 700k+ daily transactions.

Wall Street already runs on a blockchain most investors never see. According to Delphi Digital on X, the Canton Network settles about $350 billion daily and supports over $6 trillion in tokenized real-world assets. Built for regulated finance, the network already hosts live activity from firms including JPMorgan, DTCC, and Franklin Templeton.

What Canton Network Is and How It Works

Canton Network is a Layer 1 blockchain developed by Digital Asset for financial institutions. Unlike public blockchains, it prioritizes privacy, compliance, and rapid settlement. Transactions remain visible only to involved counterparties, while the network maintains a synchronized shared ledger.

This privacy operates at the smart contract level using Daml. The language embeds access and authorization rules directly into each transaction. As a result, two firms can settle trades without exposing details to the broader network. Regulators, however, retain appropriate access under existing oversight requirements.

Settlement also occurs in a single atomic step. Both sides exchange assets simultaneously, eliminating settlement gaps. This structure reduces counterparty risk, especially in repo markets, where large volumes move daily across traditional intermediaries.

Institutions Already Running Live Activity

Daily repo volumes on Canton reached $350 billion, rising from $280 billion in August 2025. Broadridge first deployed its Distributed Ledger Repo platform fully on the network. Repo transactions allow institutions to borrow short-term using Treasury collateral.

DTCC is working with Digital Asset to tokenize U.S. Treasury securities. The effort follows an SEC No-Action Letter and targets an MVP in the first half of 2026. DTCC also holds a co-chair role on the Canton Foundation alongside Euroclear.

JPMorgan’s blockchain unit, Kinexys, announced plans to issue JPM Coin natively on Canton. Shortly after, Fireblocks integrated the network and joined as a Super Validator.

Scale, Validators, and Network Activity

Canton processes over 700,000 transactions daily across more than 600 validator nodes. Validators include regulated firms such as HexTrust and Tharimmune. Tharimmune became the first NASDAQ-listed Super Validator, backed by a $545 million private placement.According to Delphi Digital, Canton carries more than $6 trillion in tokenized assets. The network operates without public block explorers and focuses on institutional use cases rather than retail access.