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Digital Asset Expands Canton Network as Wall Street Backs Privacy-First Layer-1

Institutions including DTCC and LSEG tap the Daml-based ledger, which processed 79% of November transactions privately following a $355 million funding round.

$CC
November 14, 2026basisdesk.news
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Key point 1 of 3

01

Digital Asset raised $355 million in June 2026 from backers including a16z crypto, Citadel Securities, and BNP Paribas.

November 14, 2026basisdesk.news
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Key point 2 of 3

02

DTCC deployed its tokenization service across Canton in October 2026 after clearing production trades with tokenized Treasuries in July 2026.

November 14, 2026basisdesk.news
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Key point 3 of 3

03

Approximately 79% of transactions on Canton were executed privately over a 24-hour window in November 2026 via Daml-based smart contracts.

November 14, 2026basisdesk.news
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Context

Canton launched in May 2023 to solve public blockchain confidentiality issues for regulated financial institutions requiring client privacy and regulatory compliance.

November 14, 2026basisdesk.news
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Why it matters

Market infrastructures such as DTCC and LSEG are transitioning atomic settlement for Treasuries and equities onto Daml-based sub-transaction privacy rails.

November 14, 2026basisdesk.news
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What to watch

Validator integration metrics and institutional volume allocations across the Global Synchronizer following DTCC's October 2026 service rollout.

November 14, 2026basisdesk.news
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Sources

Built from 1 primary source, machine-checked before publication.

  • decrypt.co
November 14, 2026basisdesk.news
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