Source: https://www.cantonscan.com/stats
Big Signal
Institutional conviction and capital markets infrastructure reached new levels in June.
- @digitalasset, the company developing Canton Network, closed a $355 million Series F funding round led by @a16zcrypto, bringing Digital Asset’s total funding to approximately $800 million. The round attracted a powerful mix of traditional finance and crypto-native institutions, including the Abu Dhabi Investment Authority (through a subsidiary), Apollo Funds, BNP Paribas, Broadridge, Citadel Securities, CME Ventures, HSBC, Polychain, S&P Global, SBI Group, Tradeweb, and others. The significant capital raise underscores strong confidence in Canton’s architecture and its growing role in bringing regulated financial markets on-chain.
- In a major development for Asian capital markets, Zenith, Canton’s EVM application layer, was invited to join @progmat_en’s Tokenized JGB and On-chain Repo Working Group. The consortium includes leading Japanese institutions such as MUFG, Mizuho, Sumitomo Mitsui, BlackRock Japan, State Street, SBI Securities, and Japan Exchange Group. The group is conducting a joint study on bringing Japan’s $1.6 trillion JGB repo market on-chain, targeting same-day settlement, 24/7 availability, and cross-border access using tokenized JGB collateral paired with stablecoin cash legs.
- @Mastercard expanded its stablecoin settlement capabilities to include intraday, weekend, and holiday settlement, with Canton included in its supported blockchain ecosystem.
Builder Signal
June showed a builder ecosystem that is actively being resourced and structured for the next phase of growth, with new funding mechanisms, developer education, and protocol infrastructure all moving in parallel.
- @PalladiumLabs launched the Genesis Fund, a 10 million $CC grant program to support builders, infrastructure, tooling, and integrations on Canton.
- Multiple projects continued locking $CC to achieve or maintain Featured App status, while @CantonStrategic launched a locking-as-a-service offering to help Super Validators and Featured App builders meet their commitment requirements in a capital-efficient way (following the recent approvals of CIP-0105 for Super Validators and CIP-0116 for Featured Apps).
- @CantonFdn sponsored a $10,000 bounty at the ETHGlobal New York hackathon (June 12-14) across tracks including Private DeFi & Capital Markets, TradFi/RWA & Tokenized Assets, Payments & Neobanking, and Agentic Institutional Commerce.
- Canton Builders Office Hours returned with @FiveNorthHQ and Zenith, covering native Daml development, EVM/SVM composability and atomic external calls between Canton and Zenith, the upcoming SVM support, Zenith’s Q3 mainnet plans, and practical paths for Solidity developers to tap into institutional momentum on Canton.
- @proofoftalk featured a dedicated Canton Track at the Louvre Palace, with @HeslinKim taking the stage, generating strong coverage and memorable discussions on institutional on-chain finance.
- CC Builders Forum in New York brought together Canton builders and institutions for focused networking and collaboration.
- Canton Café was held during EthConf in New York, providing an informal gathering point for the community.
- Daml Models from Splice 0.6.2 went live on MainNet, introducing foundational components for Logical Synchronizers.
- Collaborative developer resources were released, including a full walkthrough video on writing your first Daml smart contract and a @WalletConnect integration guide for dApps.
This strong builder momentum, combined with Zenith’s native EVM (and upcoming SVM) execution layer, opens tremendous new opportunities for Ethereum developers and applications to bring their primitives directly onto Canton’s privacy-first, institutional-grade rails.
Ecosystem Signal
The layer of tooling, security infrastructure, and integrations surrounding Canton's core settlement capabilities expanded meaningfully in June, addressing practical requirements that production deployments depend on.
- @Oneswapcc launched its self-custodial wallet with an integrated DEX, significantly simplifying onboarding and trading for new users. (June 24)
- @hackenclub joined as an official ecosystem auditing provider, bringing specialized Daml and institutional-grade security expertise.
- @IntellectEU released @catalyx_suite Suite Package Manager 2.1 for improved private Daml package distribution and access control.
- @moonsonglabs published a practical guide for financial institutions evaluating and implementing production workflows on Canton.
- @Noves_fi and @redstone_defi partnered to deliver institutional-grade price feeds for stablecoins and tokenized funds.
- @0xBlockBooster joined the Canton Foundation as a member, expanding its on-chain footprint in private credit, tokenized funds, and RWAs.
- @CantonFdn welcomed a new batch of validator operators, with Citadel LLC and Taishin Bank among the most prominent names, bringing the total number of active validators to over 900.
- Canton Protocol 3.5 (Logical Synchronizer upgrade) progressed through DevNet, enabling smoother staged upgrades with no validator downtime.
- @trize_io, in partnership with @chainlinklabs, launched on-chain proof of insurance for tokenized private credit products on Canton, targeting transparency in the $3 trillion private credit market.
- SK Securities has signed an MOU with Edena Korea to expand its digital asset finance business, with the collaboration set to leverage Cantor8 and Canton Network infrastructure for RWA tokenization and STO-focused initiatives.
- @hifibridge, @DRWTrading, and @MarexGlobal completed a live on-chain repo transaction on Canton using competitive RFQ pricing, atomic settlement, and confidential flows.
- @temple_ny Digital Group and HIFI partnered to expand US dollar funding and settlement on Canton, enabling institutional users to deposit, trade, and settle in USD directly onchain 24/7.
- @Cantex_io crossed $1M TVL: pool APYs are currently ranging up to 25% across a broad range of assets paired with $CC and liquidity partner applications open now.
- @ekidenfi, the first CLOB-based derivatives exchange on Canton, went live on the Canton Testnet.
- @Canborsa_DEX, the first perpetual RWA DEX on Canton, went officially live, with a single interface that brings tokenized stocks, commodities, and crypto together.
- @WalletConnect integrated into @partylayerkit, an open-source wallet SDK for Canton.
- @Send has launched Send Connect, a Chrome browser extension that brings a native wallet experience to Canton Network.
Economic Signal
Canton maintained strong real economic activity. The network generated approximately $59-60 million in fees over the past 30 days, ranking it among the top protocols globally by revenue (per DefiLlama data). Activity is driven primarily by institutional settlement and tokenization workflows.
Ongoing discussions in the community continue to focus on expanding participation from major infrastructure players such as DTCC, which would further strengthen network effects and burn mechanics once live.
Governance delivered two key upgrades that support long-term economic activity and usability:
- CIP-0112: Canton Network Token Standard V2, introducing privacy-enhanced batch settlement, multi-tier custody, and improved composability.
- CIP-0119: Free 90-day base duration for Canton Coin transfer preapprovals, easing onboarding for new participants.
Exchange and custody access expanded with @krakenfx Qualified Custody support for $CC, @BithumbOfficial's $CC/KRW listing, and @Gate’s USDCx deposit support with 333,000 in $CC rewards.
Next Signal
June’s combination of Digital Asset’s $355 million funding round and Zenith’s invitation to Progmat’s Tokenized JGB and On-chain Repo Working Group (targeting Japan’s massive $1.6 trillion JGB repo market with same-day, 24/7, cross-border settlement) provides powerful tailwinds for the second half of 2026.
Together with live Protocol 3.5 upgrades, strong Featured App locking, new tooling, and expanding production use cases, Canton is well-positioned for accelerated institutional adoption and on-chain volume growth.
About Zenith:
Zenith is bringing traditional finance on-chain through Canton, extending Canton MainNet with native EVM and SVM execution environments.
As a Super Validator in Canton’s Global Synchronizer with an equivalent weight to the DTCC, Nasdaq, and Chainlink, Zenith is committed to tangible ecosystem growth through enhancing Web3 composability and simplifying accessibility for developers fueling the next phase of global, privacy-enabled financial markets. Zenith’s recent invitation to Progmat’s Tokenized JGB and On-chain Repo Working Group, targeting Japan’s $1.6 trillion JGB repo market, exemplifies this mission.
Stay connected with Zenith at @ZenithFdn and explore more fresh news on the @CantonNetwork. The future of finance is private, interoperable, and globally accessible.
