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WalletConnect Adds Support for Canton Network
TECHNOLOGY

WalletConnect Adds Support for Canton Network

WalletConnect has added support for Canton Network, enabling access to institutional-grade apps and tokenized real-world assets through its wallet connectivity network.

April 22, 20263 min read

WalletConnect has added support for Canton Network, bringing its wallet connectivity infrastructure to a public Layer 1 blockchain built for institutional finance. The integration enables WalletConnect-enabled wallets to connect with supported Canton applications, expanding access to privacy-enabled onchain systems and tokenized real-world assets.

What the integration enables

The integration is designed to improve connectivity across the Canton ecosystem for both users and developers. It enables seamless wallet-to-application connections, simplified development through a single integration, greater onboarding flexibility by allowing users to choose their preferred wallet or custody provider, cross-device authentication, and faster secure authentication through one-click signatures.

Why Canton matters

Canton Network was originally built by Digital Asset and was designed around the needs of institutional markets. Its privacy model is built directly into the base layer, allowing transaction data to be shared on a need-to-know basis so that only the parties involved can see the details. This approach is intended to support the disclosure, compliance, and confidentiality requirements that shape how real-world institutional finance operates.

Canton also embeds interoperability and composability directly into the protocol, allowing independent applications to connect and transact atomically by design. This creates the foundation for use cases such as 24/7 liquidity and financing, collateral mobility, and onchain payments with privacy, while preserving the ability for applications to interact across the network.

Assets and developer access

A growing range of assets have already been issued natively on Canton, including Franklin Templeton’s Benji money market fund, JPMorgan’s Deposit Token, Circle’s USDCx, and Brale’s SBC. Network participants use Canton Coin to pay transaction fees and earn rewards across the ecosystem. The source material also notes that more than $350 billion of onchain assets move daily across the network.

For developers building on Canton, WalletConnect provides access to a broad existing wallet ecosystem through a single integration. More than 700 wallets support WalletConnect, and the network is already used across tens of thousands of applications. This gives Canton builders a standardized way to connect users to institutional-grade applications without relying on fragmented onboarding flows or custom wallet integrations.

The integration expands access to a wide range of applications and asset types on Canton, including institutional-grade stablecoins, tokenized deposits, onchain securities, privacy-enabled DeFi protocols, trading venues, and prediction markets. It also supports institutional workflows involving private real-time payment and settlement flows, continuous financing, collateral transfers, atomic swaps, and on-demand minting and redemption.

Wrapped BTC, ETH, and other crypto assets held with institutional custody providers can also be connected to Canton applications, expanding their role as collateral within institutional workflows and enabling participation in privacy-preserving decentralized finance products such as lending and borrowing markets. In payments, the integration supports stablecoins, tokenized deposits, and other forms of onchain cash operating under Canton’s privacy model, where financial activity is not broadcast publicly across the network.

Institutional security

WalletConnect’s infrastructure is positioned around secure institutional access. Private keys are never exposed, sessions are end-to-end encrypted, and institutions retain control over custody and signing authority. The system does not hold funds or facilitate asset transfers, and also includes features such as Travel Rule-ready authorization and the Verify API for compliance and malicious interaction protection.

Together, WalletConnect and Canton Network combine wallet connectivity with privacy-first institutional blockchain infrastructure, creating a more accessible path into tokenized finance, onchain payments, collateral mobility, and interoperable institutional-grade applications. 

Source: walletconnect.com
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