Franklin Templeton clears first CIP-0118 treasury-management milestone
CantonNews (August 15, 2026): Franklin Templeton completed the first milestone in its Canton Super Validator framework under CIP-0118, earning approval for one unit of Super Validator weight for on-chain treasury management. The Tokenomics working group reviewed and approved the milestone after Franklin Templeton completed at least one qualifying treasury-management transaction on Canton MainNet—potentially involving tokenized U.S. Treasuries, digital cash, or repo supporting fund operations. CIP-0118 (approved June 2026) caps Franklin Templeton at five weight units across treasury management, 24/7 create-and-redeem service, and up to three additional units for every $100M in qualifying production volume. Two-thirds of Super Validator operators must support subsequent on-chain reward assignment; the Global Synchronizer Foundation is named as the SV for the vote.