The Depository Trust & Clearing Corporation (DTCC) announced that it has selected the Canton Network to tokenize a subset of the U.S. Treasury securities it holds, highlighting the platform’s privacy features amid a rising debate over financial confidentiality in digital assets.

The pilot, scheduled for the first half of 2026, will allow DTCC for the first time to mint Treasuries on the Canton Network, a Layer 1 blockchain designed for banks, exchanges, and other financial infrastructure. The process will employ DTCC’s ComposerX platforms, according to a press release from DTCC.

The partnership serves as an example of one way institutional plays are looking to adopt blockchain technology for efficiency, but without compromising confidentiality. Yuval Rooz, co-founder and CEO of Digital Asset, the firm behind Canton, said that the L1 was chosen because most public blockchains cannot meet the confidentiality needs of larger market participants.

To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io