DTCC's Tokenization Service: What Ran on Canton, and What to Watch in October
More than 30 firms processed live trades with tokenized DTC securities in July, on Canton and on DTCC's private network. The commercial launch is due this month.
More than 30 firms processed live trades with tokenized DTC securities in July, on Canton and on DTCC's private network. The commercial launch is due this month.
Two leading asset managers used tokenized money market fund shares in collateral trades run through Nasdaq's Calypso platform. No trade sizes or exact dates were disclosed.
Four MUFG companies started a proof of concept for repo against digital money, selected for Japan's Financial Services Agency Payment Innovation Project.
Franklin Templeton sold, Virtu Financial bought, and the security and the cash moved together. Tradeweb calls it the first real-time on-chain Treasury trade on its platform.
Issued by Neoprime on Hecto's infrastructure, the token is structured as a debenture under British Virgin Islands law and targets a basket of late-stage US industrial companies, starting with Erebor.
The over-the-counter swap was executed on Derivnex via the Canton Network, with Kaiko data, according to a report by The Block.
The total return swap references the iBoxx USD Liquid Investment Grade Index, which Kaiko tokenized on Canton, and marks the launch of Derivnex's derivatives lifecycle platform.
The token, which Neoprime Capital says is backed by shares in pre-IPO companies, was declared live for trading by Hecto a week after its announcement. DeFiprime reported on 15 October that final product documents had not yet been published.
In a post on X on 20 October 2026, Edel Finance said firms are now asking to bring their own equity to Canton and outlined a sequence of total-return stocks, then perps, then margin.