A $100tn TradFi giant just gave crypto a huge boost. ‘Never seen anything move as quickly’ – DL News
- A key pillar of global finance will tokenise US Treasury securities on the Canton Network.
- Not everyone is happy. Many in the crypto community had hoped it would choose a decentralised blockchain like Ethereum.
Traditional finance just gave crypto a huge vote of confidence.
The Depository Trust & Clearing Corporation — which clears nearly $4 quadrillion in annual transactions and custodies $100 trillion — will be tokenising US Treasury securities on the Canton Network, the DTCC announced Wednesday.
The move highlights how the next chapter of onchain finance will be forged by systems — like Canton — that mirror how markets actually operate, comply with regulatory frameworks, and are designed to scale securely at institutional…
