01 /
Brief
Tokenizing DTC-custodied treasuries on Canton Network. Also collaborating with LayerZero's Zero blockchain around tokenization and collateral market infrastructure. Central securities depository.
02 /
Snapshot
Key terms and identifiers.
- Asset classes
- Treasuries, Equities
- Regulatory
- dtcc-settlement-2026
- Jurisdiction
- US
03 /
Milestones
How this player got here.
- Apr 2026Convened 50+ firms (BlackRock, JPMorgan, Goldman, Morgan Stanley, Ondo, Circle, Ripple Prime) into industry working group
- Dec 2025Received SEC No-Action Letter authorizing 3-year tokenization service for Russell 1000, ETFs, and US Treasuries
- Feb 2025T+0 settlement roadmap published
- Nov 2024Canton Network settlement pilot
- May 2024Smart NAV pilot with mutual funds
04 /
Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.
- Canton NetworkBuilds on
- LayerZeroIntegratesZero infrastructure collaboration
- ChainlinkIntegratesSmart NAV pilot
- JPMorganIntegratesSettlement platform
- Franklin TempletonIntegratesSmart NAV participant
- BNY MellonIntegratesCollateral services
- State StreetIntegratesSmart NAV participant
- InvescoIntegratesSmart NAV participant
- Goldman SachsIntegratesSettlement platform
- BroadridgeIntegratesDLR repo settlement
- RobinhoodIntegratesSettlement platform
- Fidelity InvestmentsIntegratesSettlement platform
- FireblocksIntegratesCustody infrastructure
- NasdaqIntegratesTokenized equity settlement
