Grayscale's Head of Research, Zach Pandl, has identified Canton Network as one of four blockchains most likely to benefit from institutional capital flows if the Digital Asset Market Clarity Act, known as the CLARITY Act, becomes law, alongside Ethereum, Solana, and BNB Chain.
The analysis, published on May 7, 2026, argues that regulatory certainty is the single largest unlock for institutional participation in digital assets. Canton Network's inclusion reflects its design as a blockchain built specifically for institutional finance, developed by Digital Asset Holdings with participation from major banks and exchanges.
The CLARITY Act would formally divide digital asset oversight between the SEC and the CFTC. Investment contracts would fall under the SEC, while digital commodities would sit with the CFTC. The bill passed the House in July 2025 and cleared the Senate Banking Committee on May 14, 2026, with a bipartisan vote of 15 to 9. Polymarket currently estimates a 67% probability of the bill passing in 2026, leaving a meaningful chance it does not.
Policy discussions at recent Washington events have focused on jurisdictional clarity, stablecoin regulations and yield provisions, and capital formation standards. A central question for banks is whether stablecoin-based products can be offered to customers without triggering securities law.
If the bill passes, implementation timelines and subsequent rulemaking by the SEC and CFTC could push the practical impact well into 2027 or beyond.
