DTCC Selects Canton Network for Asset Tokenization, Boosting Blockchain Privacy & Security

In a major move for institutional blockchain adoption, the Depository Trust & Clearing Corporation (DTCC), a Wall Street giant, has chosen the privacy-focused Canton Network for its tokenization initiatives. This strategic partnership aims to leverage Canton's unique architecture, which enables controlled data sharing and secure transactions, to explore the tokenization of traditional financial assets. The collaboration signals growing confidence in privacy-centric blockchain solutions among major financial institutions, potentially accelerating the integration of distributed ledger technology into mainstream capital markets. The Canton Network, developed by Digital Asset, is designed to meet the stringent compliance and privacy requirements of the financial sector, offering a scalable environment for asset tokenization.