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.
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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.
The release redesigns how validators track commitments so memory no longer grows with the number of hosted parties, adds external calls to Daml, and removes several deprecated APIs.
A draft CIP by Yiannis Varelas and Shaul Kfir would replace license fees on dedicated synchronizers with Canton Coin burn at the Global Synchronizer's list price, make running one permissionless, and add volume and commitment discounts.
The change replaces a 10-minute window between preparing and executing a CC transaction, so institutions with multi-person approvals can sign CC transfers like other Canton tokens.
SPYe, QQQe, NVDAe and SPCXe give economic exposure to US stocks and ETFs on Canton. Edel also says EDELx staking is close and has joined DTC's tokenization working group.
The explorer's monthly report shows activity roughly flat against August, a lower burn ratio, fewer first-time parties and app rewards concentrating further, with Temple taking 42.7%.
The industry working group's fourth round added the first cross-currency repo of tokenized gilts against non-sterling tokenized deposits, with LSEG's DiSH Cash as the cash leg.
PixelPlex proposes a way to publish and discover Canton tokens without manual coordination, and Fairmint proposes an NFT profile on Token Standard V2. Neither has been approved.
The team behind cETH says cSOL has been live on MainNet since 15 September and has applied for featured app status. On 9 and 11 October, supply on Canton matched the SOL held in its Solana vault.
A draft by Obsidian Systems and Digital Asset, numbered on 7 October and revised on 9 October, turns the CC locking rules for Super Validators and featured apps into ledger code. It is not yet approved.
An MOU signed on 1 October recognises Greywick Digital's reserve-backed cLTC. The token is on testnet, targets a launch by the end of 2026, and Greywick was approved as a Canton validator on 7 October.
Shinhan Financial Group's Jin Ok-dong discussed group-wide cooperation with Yuval Rooz and Viv Diwakar, a day before Canton's first hosted forum in Korea drew brokers, card issuers and global asset managers.
