Canton Network Transactions Soar 500K Daily as Major Exchanges Join Blockchain Validators

Copper Research reveals the Canton Network, a regulated finance blockchain, has experienced significant growth with validator participation now expanding to include major U.S. exchanges alongside established banks and financial infrastructure providers. Launched just over a year ago, Canton has achieved unprecedented institutional blockchain scale through support from Goldman Sachs (GS), HSBC (HSBC), and Broadridge (BR). Broadridge alone processes over $5.9 trillion monthly in tokenized U.S. Treasury repos on the network. Leading exchanges including Binance U.S., Crypto.com, and Gemini (GEMI) are operating validators, while Kraken has indicated potential listing of Canton's token - which would represent a landmark event for permissioned institutional blockchains. Transaction volume has accelerated dramatically, with Canton recording 500,000+ daily transactions by September's end, surpassing combined USDC and USDT transfers and approaching Ethereum volumes. Copper emphasizes this activity stems from live institutional applications rather than test pilots. The network's privacy-focused, interoperable architecture combined with favorable regulation positions it ideally for shared institutional platforms. Versana, backed by JPMorgan (JPM) and Wells Fargo (WFC), now facilitates syndicated loan data sharing across seven global banks, while Goldman Sachs' DAP has enabled tokenized bond issuances. This substantial institutional adoption fundamentally differentiates Canton from previous blockchain initiatives.