Goldman Sachs, BNP Paribas, and Microsoft back Canton Network, handling over $4 trillion in tokenized assets.

Canton Network, backed by Goldman Sachs, BNP Paribas, and Microsoft, tokenizes over $4 trillion in assets. The network connects siloed financial systems and infrastructures while maintaining privacy and interoperability. As a result, significant financial activities are shifting, with $2 trillion in monthly transaction volume for U.S. Treasuries. The integrated network model reduces costs and increases transaction efficiency, with a potential saving of $100 million in securities lending. Partnerships with key financial players suggest a shift towards regulatory-approved blockchain solutions in traditional finance.