JPMorgan’s Kinexys unit is preparing to launch a U.S. dollar deposit token natively on the Canton Network, extending JPM Coin beyond its current infrastructure. The move aims to boost interoperability and institutional tokenization while preserving bank-grade controls.
Lloyds Bank has completed the United Kingdom's first gilt trade settled with tokenized bank deposits in partnership with Archax and Canton Network. The move marks an early institutional use of tokenized settlement infrastructure for government debt.
Franklin Templeton has expanded its Benji tokenization platform onto Canton Network to issue and settle regulated tokenized fund shares, building on its FOBXX fund that has operated since 2021. Canton says its chain processes about $6 trillion in tokenized assets, underscoring institutional scale.
Franklin Templeton has linked its Benji tokenization platform to the Canton Network, widening institutional access to regulated on-chain assets. The integration aims to streamline compliant issuance and settlement for tokenized products.