155 participants from 45 major organizations demonstrated settlement across 22 permissioned blockchains connected on Canton while maintaining the controls demanded for regulated capital markets.

Read more on the Canton Network Pilot Program at https://www.canton.network/pilot-press-release

Key highlights from the Pilot:

• Digital Asset and leading market participants completed the Canton Network pilot, a first-of-its-kind program demonstrating the interoperability of twenty-two independent distributed ledger applications (dApps) in the capital markets domain, with over 350 simulated transactions.

• The pilot showed the potential of the Canton Network to reduce costs, risks, and inefficiencies, while striving to meet regulatory requirements for the issuance, transfer, and settlement of tokenized traditional assets.

• The pilot program provided participants with distributed ledger applications for asset tokenization, fund registry, digital cash, repo, securities lending, and margin management transactions – all with the ability to interoperate via the Canton Network TestNet.

• Digital Asset provided the technology and guidance to support the pilot and is one of the technology and infrastructure providers for the Canton Network. To learn more about the pilot and specific working sessions, download the report and survey findings here.