Canton Network targets European, Asian government bonds after US Treasuries

Simon Letort: Simon Letort is Head of Strategic Initiatives at Digital Asset, leading efforts on the Canton Network with emphasis on governance and digital cash solutions. He previously held senior roles in global markets, innovation, and financial engineering at Société Générale. In the news, he discusses how tokenized government securities paired with cash instruments are poised to generate meaningful on-chain flows. Digital Asset: Digital Asset is a software company that builds blockchain infrastructure tailored for regulated financial institutions and markets. It develops and operates the Canton Network to support secure tokenization, settlement, and privacy-preserving transactions among banks and other participants. In the news, Digital Asset’s Canton Network is advancing tokenized U.S. Treasuries toward broader use cases including European and Asian government bonds as well as bank deposit tokens. Canton Network: Canton Network is a permissioned public blockchain focused on institutional finance, enabling tokenization and on-chain movement of real-world assets such as government securities and deposits with built-in privacy and compliance controls. It connects major financial players and has seen growing activity in repo, collateral, and settlement workflows. The network is now extending tokenized U.S. Treasuries to government bonds in Europe and Asia while partnering with commercial banks on deposit token issuance. Flows Insight: Tokenized government securities combined with cash instruments are viewed as drivers of meaningful institutional on-chain activity. Deposit Tokens: The network is collaborating with commercial banks to issue deposit tokens alongside tokenized securities. Global Expansion: Canton Network is preparing to tokenize government bonds in Europe and Asia following its U.S. Treasuries work.