News & updates

Major developments, governance votes, and ecosystem milestones. Most recent first.

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Network

Canton tops all blockchains in DefiLlama 30-day revenue at ~$55M–$61M

The Crypto Times / DefiLlama (July 28, 2026): Canton Network leads all tracked blockchains in trailing-30-day protocol revenue—approximately $55.38M per Crypto Times citing DefiLlama, with the chain dashboard showing ~$60.74M in retained revenue and ~$57.29M in user fees over the same window at publication. Daily revenue exceeded $1.7M, driven by institutional settlement workflows (repo, tokenized Treasury, collateral) rather than retail DeFi. Canton has repeatedly held the #1 spot through 2026 (e.g., ~$65.5M in April, $60M+ in June). The burn-and-mint fee model ties supply dynamics to network usage; metrics fluctuate—verify live dashboards at defillama.com; not investment advice.

Technology

BitSafe opens Decentralization Manager public beta on Canton, backed by $1M+ Foundation grant

CantonNews / BitSafe (July 28, 2026): BitSafe opened the public beta of Decentralization Manager—an open-source framework (Quantstamp-audited) for resilient decentralized applications on Canton Network, funded by a Canton Foundation Development Fund grant exceeding $1 million (8.5 million CC). The framework ships reusable threshold custody, governance, and audit components so institutional builders can focus on application logic rather than distributed trust architecture from scratch. Use cases include Canton-native token launches (wrapped assets, stablecoins, RWAs), multi-sig custody wallets, tokenized securities under distributed control, and institutional DEX/lending/structured products. CBTC—the first non-native asset on Canton with 10M+ transactions—is the first live deployment; Palladium Labs adopts it for Alpend multi-party authorization, and CBTC attestors Nethermind, DSRV, and Finoa Consensus Services have implemented it. Builders can access vetted institutional node operators who earn Canton fee shares; the beta is on Canton Foundation GitHub with an additional grant application underway.

Institutions

SBI Holdings renames subsidiary SBI Digital Practice as dedicated Canton Network unit

FX News Group / SBI Holdings (July 28, 2026): SBI Holdings announced its wholly owned subsidiary SBI Security Solutions Co., Ltd. changed its name to SBI Digital Practice Co., Ltd. (effective June 22), renewing management to focus exclusively on Canton Network—the public blockchain for financial institutions. SBI has participated as a Super Validator since Canton’s inception; the new unit will plan, develop, and operate on-chain financial infrastructure and applications, providing end-to-end implementation support, regulatory compliance, and cross-border/cross-currency transaction systems for institutions in Japan and abroad. SBI cites 600+ participating institutions (including Goldman Sachs, BNP Paribas, Broadridge, Franklin Templeton, and Euroclear) and more than $6 trillion in assets on Canton, with DTCC’s U.S. Treasury tokenization on the network linking Japanese expansion to U.S. market infrastructure. The restructuring complements—not replaces—SBI’s Ripple/XRP Ledger, Solana, stablecoin, and tokenized-securities work.

Ecosystem

Console ecosystem locks 50M+ CC under CIP-0116 Featured App requirements

CantonNews (July 27, 2026): The Console ecosystem—Console Wallet, CC View, CCBridge, and CCTag—has locked more than 50 million Canton Coin across its four products, meeting the on-chain capital commitment for Featured App status under CIP-0116. The lock reflects Canton’s market-based Featured App framework (replacing discretionary Foundation designation): non-issuer apps must lock 5 million CC per PartyId. Console Wallet offers passkey-secured self-custody across browser, Mac, and mobile with Canton’s offer-based transfer UX; CCTag provides Canton Name Service ($1 CC subscription handles); CC View is a full ecosystem explorer; and CCBridge routes ERC-20 transfers through Canton’s privacy layer to fresh one-time addresses.

Research

Palladium Labs publishes State of the Canton Network — H1 2026 report

CantonNews / Palladium Labs (July 27, 2026): Palladium Labs Research Division released State of the Canton Network – H1 2026—a 51-page report mapping Canton’s shift from institutional pilots to shared-network production across capital markets, payments, and open finance. Snapshot metrics (mostly as of June 30, 2026) include 490+ ecosystem participants, 162K+ active addresses (24h), 655+ validators, 45+ Super Validators, $9T+ monthly volume, $383.56M fees over 180 days, $345.07B RWA value, 38.43B CC circulating, and 118 Featured Apps. The report covers Digital Asset’s $355M round, Broadridge’s $8T+/month repo on Canton, DTCC tokenization, DeFiLlama fee leadership ($57.29M/30 days vs. Tron/Solana/Ethereum), burn-and-mint dynamics post-January halving, wallet ecosystem (Loop, Send, Bron, Cantor8, Console), and an H2 2026 outlook.

Governance

Canton Foundation launches community-maintained Wallet Directory on GitHub

Canton Network Forum (July 24, 2026): Dave announced the Canton Wallet Directory—a public, community-maintained YAML registry in canton-foundation/wallets documenting which wallets support Canton Coin, CIP-0056 assets, dApp connectivity, pre-approvals, and related features, with optional evidence links and independent verification. Wallet providers self-attest via pull request (no fees or implied endorsement); integrators can compare capabilities transparently. Full instructions in wallets/CONTRIBUTING.md; live table generated via scripts/generate_table.py.

Institutions

Nasdaq pilots tokenized collateral on Canton as Q2 earnings hit records

CantonNews (July 24, 2026): Nasdaq disclosed on its Q2 2026 earnings call a successful Canton Network tokenized collateral pilot—transmitting tokenized money market funds as collateral through Nasdaq Calypso alongside two leading asset managers. CEO Adena Friedman framed it as proof that Calypso, used by hundreds of firms for collateral management, could evolve into a network moving assets in tokenized form; she said participants left the pilot room calling it a victory (“The money moved”). Future monetization is planned via a new Calypso module upsell for collateral movement. The pilot sits within a broader Nasdaq tokenization push—working with DTCC on post-trade settlement of tokenized shares and with Kraken on tokenized equity issuance with instantaneous settlement (target early 2027). The disclosure accompanied record results: $1.5B net revenue (+15% YoY), index AUM surpassing $1T with $51B quarterly net inflows, and the June 12 SpaceX IPO described as the largest in history ($86B raised).

Institutions

Arqitech, MPCH, Pixelplex, and sFOX complete live CC–USDC atomic swaps on Canton MainNet

GlobeNewswire / Arqitech (July 23, 2026): Arqitech, MPCH, Pixelplex, and sFOX executed multiple live non-custodial cross-chain atomic swaps on Canton MainNet, exchanging Canton Coin (CC) for USDC while each institution retained full control of its private signing keys via Arqitech’s Atomic Swap Protocol (ASP). The deployment demonstrates regulated institutions completing secure atomic cross-chain transactions without relinquishing custody—connecting Canton to Bitcoin, Ethereum, Tron, and Solana liquidity through Arqitech’s multi-chain platform. sFOX CEO Javier Martinez said the milestone complements sFOX’s plan to list CC for public trading starting August 1, 2026. The ASP builds on Arqitech’s collaboration with Digital Asset on Canton Token Standard V2 (CIP-0112), approved by the Canton Foundation in June 2026; customer access opens in the coming weeks.

Institutions

Canton Strategic Holdings sells Gravitas Life Sciences to sharpen Canton focus

CantonNews (July 23, 2026): Nasdaq-listed Canton Strategic Holdings (CNTN) sold its biotech R&D arm Gravitas Life Sciences to Gravitas Collective Corp. in a board-unanimous deal that closed July 17 and was announced six days later. Management frames the divestiture as aligning corporate structure with its operating strategy—leveraging Canton Coin to support Canton Network’s role in digitizing traditional financial markets—following the June 2026 launch of its locking-as-a-service for Super Validators and Featured Apps under CIP-0105/CIP-0116. With the unrelated biotech business separated, future milestones can be read directly through a Canton-centric lens, adding public-market visibility for a Super Validator and Canton Foundation member already holding billions of CC on its balance sheet.

Infrastructure

Hydra X launches HX Gateway API to accelerate Canton deployments

CantonNews (July 23, 2026): Hydra X announced in Singapore the HX Gateway API—a REST layer that lets financial institutions and app developers integrate with Canton without specialized Daml expertise. Hydra X claims up to 80% faster go-to-market and 50% shorter deployment time; the API is offered as a hosted service or external deployment for clients with existing validator infrastructure. The product builds on Hydra X’s reported production work tokenizing more than US$100 million in assets for regulated clients on Canton via Digital Asset’s DA Registry. VP of Client Solutions Mark Tang said banks, asset managers, and exchanges can treat Canton integration as a business decision rather than a specialist engineering project—potentially lowering friction as tokenized capital markets move from pilots to production.