Canton Network Ecosystem Full Analysis: Breaking the Barriers Between TradFi and Decentralized Finance, the AllFi Era of Full Finance Has Arrived

Canton Network is pioneering an era of “AllFi” (全金融), serving as an innovative Blockchain ecosystem aimed at fundamentally breaking down the barriers between traditional finance (TradFi) and decentralized finance (DeFi). (Background: Canton Network's daily transaction volume has surpassed 600,000 transactions.) (Context: Goldman Sachs and DRW plan to invest $500 million in the yet-to-launch Canton Network, establishing a new DAT reserve company.) (This article is a sponsored piece, written and provided by Canton Network, and does not represent the views of Dongqu and is not investment advice or a recommendation to buy or sell. Please see the end of the article for a disclaimer.) For a long time, traditional finance (TradFi) and decentralized finance (DeFi) have been seen as opposing ends: on one side is the traditional financial market with strict regulation and control, while on the other side is the emerging decentralized finance characterized by speed, transparency, and composability. However, the emergence of the Canton Network ecosystem demonstrates that the walls separating these two worlds are crumbling, revealing real opportunities at their intersection. Canton Network combines institutional-level privacy and control with the composability, decentralization, and innovative network economy of public blockchains, successfully breaking down the barriers between TradFi and DeFi. This is the perfect convergence of the two forces of global finance and Blockchain. Why institutions and the crypto capital market are gravitating towards Canton Looking ahead to 2025, the adoption rate of Canton Network is expected to experience explosive growth, with around 600 validators coming online, and over 15 million transactions per month using Canton Coin. Traditional institutions, application developers, and leaders in the crypto market are gathering at Canton to drive a scaled market transformation. After gaining the trust of industry leaders such as Goldman Sachs, BNP Paribas, HSBC, Broadridge, and Circle, Canton has become the first network that allows traditional finance and DeFi-like business models to collaborate on the same infrastructure at scale. Currently, the applications on Canton have processed over $6 trillion in on-chain assets and over $280 billion in U.S. Treasury bond repurchase transactions daily. Canton Network transcends the binary opposition of traditional finance and decentralized finance, becoming the first “AllFi” Blockchain. For institutions and crypto-native developers, this is the only way to integrate real-world assets at the speed of cryptocurrencies without sacrificing flexibility. Exploring the Canton ecosystem Keeping up with the rapid development of the expanding Canton ecosystem is not easy. Here is a quick guide to help users grasp the diverse and interconnected applications, assets, service providers, and contributors within Canton. Tokenized Assets On Canton, once assets are tokenized, they become legally recognized assets, recorded on a first layer (L1) network that can serve as a trusted source of truth, recognized as the only source of fact by issuers, custodians, and regulators. On-chain means direct ownership, not just a synthetic representation of the asset. This means that the rights and obligations of all parties involved can be executed and trusted at the protocol level. Coupled with the ability to transfer assets with fine privacy controls, this explains why institutions choose to issue assets on Canton and why an increasing number of digital assets are being “Cantonized.” From real-world financial assets such as bonds, repurchase agreements, money market funds, loan commitments, insurance, mortgages, and private equity, to packaged crypto assets (like CBTC) seeking institutional-grade application potential, the assets on Canton possess composability across various applications on the network, increasingly supported by the growing ecosystem of wallets and custodians. Ultimately, this achieves a seamless workflow with privacy protections, unleashing asset potential and enhancing investor confidence. Users can explore on-chain assets and tokenized platforms on Canton here (search for Tokenized Assets in the Network Utility dropdown menu). Stablecoins As a regulatory-grade stablecoin's privacy and interoperability layer, Canton Network opens up new possibilities for the large-scale adoption of stablecoins in enterprise workflows and application scenarios, enabling privacy-preserving payments and settlements. Whether in treasury and cash management, cross-border payments, crypto derivatives margin, or in financing in 24/7 markets, privacy protection is a critical threshold for the widespread adoption of stablecoins. Thus, institutions choose to use stablecoins (such as USDC, Brale, M1) on Canton to leverage on-chain U.S. Treasury bonds for financing, precisely to address this core challenge. The stablecoin applications on Canton not only integrate with institutional-grade real-world assets but also benefit from the broader integration across the entire network—from leading compliance providers to trading and margin management applications and custodians, making it a reliable platform for the growth of institutional stablecoin trading volume. To learn more about why stablecoins are favored on Canton, please read this report from The Tie. Click here to view details about stablecoins on Canton (search for Stablecoins in the Network Utility dropdown menu). Custody The Canton Network ecosystem offers a diverse range of solutions for traditional and crypto-native companies, allowing them to hold and use on-chain assets easily and securely—from institutional-grade custody and wallet infrastructure to highly secure key management solutions, Canton Network meets user needs. Users can click here to view different types of custody services for assets on Canton (search for Custody in the Network Utility dropdown menu). Liquidity The true value of digital assets depends on their distribution channels and liquidity. From leading market makers and crypto liquidity providers to emerging trading platforms and exchanges, a continuously expanding corporate ecosystem is injecting liquidity into the entire network for Canton. The participation of top market makers such as QCP, DRW, GSR, FalconX, Flowdesk, and B2C2 lays the foundation for deep, composable liquidity across asset classes. These companies inject liquidity into on-chain tools and leverage privacy-enabled assets on Canton to create new application scenarios—from automated margin management to utilizing previously inaccessible assets for 24/7 financing. Explore the companies bringing liquidity to Canton ( here ) (search for Liquidity in the Network Utility dropdown menu). Wallet The token standard CIP-56 of Canton Network ensures seamless composability between wallets and assets, providing a first-class user experience and supporting the ever-expanding applications of Canton native assets, from C…