Tradeweb executes first real-time tokenized U.S. Treasury trade against USDCx on Canton
Canton Network press release / Tradeweb (July 1, 2026): Tradeweb completed the first real-time buy-sell of an on-chain U.S. Treasury security against tokenized cash (USDCx) on its platform—with synchronized Canton settlement between the Treasury leg and cash, without traditional market cutoffs or off-ledger cash. Franklin Templeton transferred a tokenized U.S. Treasury to Virtu Financial in exchange for USDCx; participants included Blockdaemon, Digital Asset, Societe Generale, Tradeweb, and Virtu Financial. Digital Asset CBO Kelly Mathieson cited progress toward always-on collateral and capital-markets infrastructure ahead of DTCC Tokenization Services.