Blockchain infrastructure firm Kresus has partnered with Canton Network to help financial institutions carry blockchain projects past the point where most stall: moving from development into live, production-grade deployment.
The agreement gives enterprises access to Canton's institutional blockchain infrastructure alongside Kresus's implementation capabilities, with the two companies covering the full project cycle — from first integration through to launch. They say work is already underway on multiple engagements, though only one has been made public.
That disclosed project involves Hanwha Investment & Securities, the brokerage arm of South Korean conglomerate Hanwha Group. Kresus is supporting the development of a tokenized asset platform focused on private markets, intended to handle the issuance, management, and distribution of tokenized financial instruments. No timeline has been confirmed and neither party has detailed the platform's current stage.
Beyond that engagement, Kresus is bringing its core product stack into the Canton ecosystem: enterprise wallet infrastructure, tokenization tools, and KITE, a middleware layer the company describes as its secure integration layer between blockchain systems and existing financial technology environments. Stated applications include payments, tokenized assets, and digital asset management.
Canton was developed by Digital Asset and is now governed independently by the Canton Foundation. Its architecture allows institutions to operate on shared infrastructure while maintaining configurable controls over data access and privacy — a design aimed at meeting the compliance requirements of regulated financial markets.
"Financial institutions are moving beyond trials and toward actual blockchain applications," said Trevor Traina, Kresus founder and CEO. "Success in regulated markets requires more than technology — it requires the ability to design, build, and deliver systems that meet real-world requirements."
Yuval Rooz, CEO of Digital Asset and co-founder of Canton, pointed to the execution problem the partnership is meant to address. "Institutions need secure, reliable, and scalable systems to advance digital asset adoption," he said. "We are combining Canton's institutional-grade blockchain with Kresus's ability to implement production-ready applications."
No financial terms were disclosed. The companies said further project announcements are expected in the coming months.
