"Big Banks Bet on Canton: How Blockchain Meets Wall Street’s Rules"

P2P.org, a staking infrastructure provider with reported assets under management exceeding $10 billion across over 40 blockchain networks, has joined the Canton Network as a validator. This move positions P2P.org within a growing ecosystem of institutional participants, including major banks such as Goldman Sachs, JPMorgan, and Citi, which are leveraging the Canton Network for real-world asset (RWA) tokenization and institutional-grade compliance.

The Canton Network, launched in May 2023, is a blockchain platform designed for institutional finance. It handles more than $4 trillion in tokenized assets and offers a unique structure where each validator processes only transactions in which it is a party, enhancing privacy and compliance for institutional users. Jonathan Reisman, product manager at P2P.org, emphasized that blockchains are often not designed with institutional requirements in mind, but solutions like Canton enable secure, privacy-preserving transactions aligned with institutional standards.

Institutional staking has emerged as a dominant trend in the crypto industry, with networks like Ethereum witnessing heightened participation from institutional actors. Unlike traditional proof-of-stake (PoS) models that distribute rewards through staking yields, the Canton Network issues its native token, Canton Coin, which is distributed based on user activity and contributions to the network. Specifically, infrastructure providers receive 35% of the token distribution, application developers 50%, and users 15%. This model ties rewards directly to usage and engagement, creating an incentive structure that aligns with the network’s growth objectives.

The Canton Network’s reward system is further supported by a burn-and-mint equilibrium mechanism. Network fees are burned, removing coins from circulation, while new coins can be minted every 10 minutes based on a participant’s activity. This creates a self-regulating system that helps maintain price stability and aligns Canton Coin’s value with real network utility. Additionally, fees on the network are denominated in US dollars, while the token price floats based on market demand, offering a degree of stability absent in many speculative tokens.

Canton Coin is not only central to the network’s economic model but also serves multiple functions, including fee payment, network incentivization, and optional application payments. Its fair launch model ensures that all tokens are earned through participation, with no pre-mining or pre-sales, aligning token ownership with network value creation. Over the first 10 years, 100 billion Canton Coin will be minted, after which 2.5 billion coins will be issued annually, with a target of burning an equivalent amount to stabilize the total supply at 100 billion.

The Canton Network is already being adopted by major financial institutions for real-world applications. For example, Broadridge’s Distributed Ledger Repo (DLR) processes over $4 trillion in U.S. Treasury repo transactions monthly through Canton, while Tradeweb utilizes the Global Synchronizer to facilitate atomic cross-domain settlements in fixed income and derivatives trading. Additionally, institutions like HSBC and BNP Paribas have deployed Canton-powered solutions for bond tokenization and custody services. These implementations highlight Canton’s potential to support the transition of traditional finance onto blockchain rails while maintaining privacy and compliance.

As institutional adoption of blockchain infrastructure accelerates, the Canton Network’s unique approach to privacy, interoperability, and economic incentives positions it as a leading platform for the tokenization of real-world assets. With P2P.org’s entry as a validator, the network gains further credibility and resources to scale its ecosystem, potentially driving broader institutional participation in the digital asset space.