Northern Trust is collaborating with Digital Asset Holdings, the founder of the Canton Network, a public blockchain developed for financial services firms in need of secure and interoperable transactions. The collaboration will need the Canton Network for the custody capabilities for tokenized financial assets to come. The Northern Trust effort is in response to its… Read More >>
DTCC, Digital Asset & Canton Network Tackle Tokenization
Post-trade infrastructure provider The Depository Trust & Clearing Corp. (DTCC) is partnering with Digital Asset Holdings and the Canton Network to launch the tokenization of custodied assets from the Depository Trust Co. (DTC) on the Canton Network, officials say. The collaboration “creates a roadmap to bring real-world, high-value tokenization use cases to market, starting with… Read More >>
Major Players Achieve On-Chain Financing of U.S. Treasuries
The blockchain pioneer Digital Asset and a consortium of financial services firms and providers report that they have facilitated in real time an on-chain financing of U.S. Treasuries (UST) against the USDC stablecoin, achieving a first for the securities industry. The stablecoin USDC is a cryptocurrency whose value is linked to the U.S. dollar; it… Read More >>
