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Connected capital markets take flight
Insights from the Canton Network Pilot
In this pilot, 45 leading financial institutions, asset managers and service providers connected on the Canton Network, showcasing the exponential power of interoperable capital markets.
This report reveals insights and key learnings from participants, detailing how the Canton Network facilitated atomic transactions at scale across 22 permissioned blockchains. This sets a new precedent for the mobilization and utility of tokenized real-world assets.
Discover how Canton uniquely addressed threshold issues for capital markets firms related to privacy, control and interoperability to demonstrate for the first time how the industry can realize the core value of blockchain technology without the trade-offs of other networks.
Unlocking collateral mobility through tokenization: Gilts, Eurobonds and Gold
Unlocking collateral mobility through tokenization: Gilts, Eurobonds and Gold
Euroclear harnessing Canton Network for 24x7 mobility
Euroclear, The World Gold Council, and global law firm Clifford Chance were among a broad group of pilot participants- which included investors, banks, CCPs, custodians, and a central securities depository. The aim was to demonstrate how tokenized assets on a blockchain can enhance collateral mobility, improve liquidity, and increase transactional efficiency.
With more than 500 executed transactions involving 6 complex workflows and executed by 27 market participants, the pilot demonstrated the ability to enhance collateral mobility, improve liquidity, and increase transactional efficiency.
Unlocking Collateral Mobility through Tokenization: US Treasuries Use Case
- Creation of Digital Twin for USTs: Investors asked custodians to create a digital twin of existing USTs, updating holdings instantly and setting aside equivalent real-world assets.
- Margin Call Delivery: Secured parties made margin calls using USTs as collateral, with real-time transaction status updates and instant settlement.
Margin Call Return: Investors called for the return of margin, with collateral released and transactions settled instantly.- Closeout Due to Default: Secured parties seized pledged assets, transferring ownership in atomic transactions, ensuring legal certainty and control.
