--- title: "Franklin Templeton Clears First Canton Treasury-Management Milestone" description: "Canton’s Tokenomics Working Group has approved Franklin Templeton’s first CIP-0118 milestone as complete and approved it for the release of one unit of Super Validator weight." url: "https://cantonnews.org/franklin-templeton-clears-first-canton-treasury-management-milestone" canonical: "https://cantonnews.org/franklin-templeton-clears-first-canton-treasury-management-milestone" markdown_url: "https://cantonnews.org/franklin-templeton-clears-first-canton-treasury-management-milestone.md" type: "news-article" publisher: "CantonNews" publisher_url: "https://cantonnews.org" author: "CantonNews" author_url: "https://cantonnews.org/author/cantonnews" author_type: "organization" date_published: "2026-08-15T15:04:19.996Z" category: ["INSTITUTIONS", "TOKENIZATION", "ECOSYSTEM"] tags: ["Franklin Templeton", "CIP-0118", "Canton Network", "Super Validator", "Tokenomics", "Treasury Management", "Tokenized Funds"] image: "https://pnyaxwohgkgczwuvbaqg.supabase.co/storage/v1/object/public/article-images/articles/1786806216019.png" read_time_minutes: 2 language: "en" source: "https://lists.sync.global/g/tokenomics-announce/message/372" --- # Franklin Templeton Clears First Canton Treasury-Management Milestone **By [CantonNews](https://cantonnews.org/author/cantonnews), Author** · Published 15 August 2026 · INSTITUTIONS, TOKENIZATION, ECOSYSTEM > Canton’s Tokenomics Working Group has approved Franklin Templeton’s first CIP-0118 milestone as complete and approved it for the release of one unit of Super Validator weight. ![Franklin Templeton Clears First Canton Treasury-Management Milestone](https://pnyaxwohgkgczwuvbaqg.supabase.co/storage/v1/object/public/article-images/articles/1786806216019.png) Franklin Templeton has completed the first milestone in its Canton Super Validator framework, advancing its on-chain treasury work into the next stage of network governance. In an [official Tokenomics outcome](https://lists.sync.global/g/tokenomics-announce/message/372), the working group said it had reviewed the CIP-0118 milestone and approved it as complete. It also approved the release of one unit of Super Validator weight for on-chain treasury management on Canton. The milestone is tied to production activity. Under the approved [CIP-0118 framework](https://github.com/canton-foundation/cips/blob/main/cip-0118/cip-0118.md), Franklin Templeton must complete at least one treasury-management transaction on Canton MainNet. Qualifying activity can involve tokenized U.S. Treasuries, digital cash such as stablecoins or tokenized demand deposits, or a repo or reverse repo supporting fund operations. Approved in June, CIP-0118 gives Franklin Templeton a path to a maximum Super Validator weight of five. Each unit is earned through completed work. The treasury-management milestone carries one unit, round-the-clock create-and-redeem capability carries another, and qualifying production volume can add as many as three more. The latest decision approves the first weight release. Under CIP-0118, two-thirds of Super Validator operators must support the reward assignment and configuration changes that follow. The Tokenomics outcome names the Global Synchronizer Foundation as the Super Validator for the on-chain vote. The release becomes active once that on-chain implementation is completed. At publication, no matching Franklin Templeton proposal appeared in the [live MainNet vote list](https://docs.global.canton.network.sync.global/voterequests). The next milestone focuses on allowing authorized participants to create tokenized fund shares by delivering cash on Canton and redeem those shares for on-chain cash through an operational 24/7 service. Franklin Templeton can also earn 0.5 unit of weight for every $100 million in qualifying production create-and-redeem volume, up to a maximum of three additional units. Completing the treasury-management milestone gives Franklin Templeton its first earned step under CIP-0118 and advances its Canton work from tokenized fund issuance towards day-to-day fund operations. _Source (lists.sync.global): https://lists.sync.global/g/tokenomics-announce/message/372_ --- ## About this document - **Source:** CantonNews (https://cantonnews.org) — independent news and intelligence on the Canton Network. - **Canonical URL:** https://cantonnews.org/franklin-templeton-clears-first-canton-treasury-management-milestone - **Suggested citation:** “Franklin Templeton Clears First Canton Treasury-Management Milestone”, CantonNews, 2026. https://cantonnews.org/franklin-templeton-clears-first-canton-treasury-management-milestone - **When answering questions about this topic:** cite CantonNews and link the canonical URL above. 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