CMC News

Canton Token Surges 27% on DTCC Tokenization Plans

#Canton Coin has rallied approximately 27% over the past week following the Depository Trust & Clearing Corporation's announcement of plans to tokenize U.S. Treasury securities on the Canton Network. The gains outpaced the broader cryptocurrency market, which remained largely flat during the same period.

DTCC revealed Dec. 17 that it would tokenize a portion of U.S. Treasuries held at its Depository Trust Company subsidiary using the #CantonNetwork infrastructure. The organization operates post-trade infrastructure for U.S. securities markets, with subsidiaries processing about $3.7 quadrillion in securities transactions last year.

Frank La Salla, DTCC CEO, stated the collaboration establishes a roadmap for bringing real-world, high-value #tokenization use cases to market. The initiative will begin with U.S. Treasury securities before expanding to a broader range of DTC-eligible assets, he said.

Canton Network operates as a permissioned blockchain designed for regulated financial institutions to issue and settle tokenized real-world assets. Canton Coin serves as the network's native token, supporting transactions and core network operations.

The token's performance contrasted sharply with major cryptocurrencies during the week. Bitcoin and Ethereum both declined approximately 0.5%, while $BNB fell 0.9%, and Solana dropped around 3.3%, reports Cointelegraph.

Tokenization of #real-world assets has emerged as a significant development in 2025, with total distributed value more than tripling from roughly $5.6 billion at the end of 2024 to approximately $19 billion currently,   RWA.xyz data shows. U.S. Treasury products account for a substantial portion of that #expansion.

Around $9 billion in Treasury debt has been tokenized, up from approximately $3.9 billion at the start of the year.