Canton Token Rallies 27% After Dtcc Outlines Tokenized Treasury Plans

DTCC’s move to bring US Treasurys onchain highlights growing institutional momentum behind tokenized real-world assets.

Canton Coin has climbed about 27% over the past week, Cointelegraph data shows, outpacing the broader cryptocurrency market as traders reacted to fresh signals of institutional adoption.

The gains follow a Dec. 17 announcement from the Depository Trust & Clearing Corporation (DTCC) outlining plans to tokenize a portion of US Treasury securities held at its Depository Trust Company subsidiary on the Canton Network.

DTCC operates post-trade infrastructure for US securities markets, with its subsidiaries processing about $3.7 quadrillion in securities transactions last year.

Frank La Salla, CEO of DTCC, said the “collaboration creates a roadmap to bring real-world, high-value tokenization use cases to market, starting with US Treasury securities and eventually expanding to a broad spectrum of DTC-eligible assets.”

The Canton Network is a permissioned blockchain designed for regulated financial institutions to issue and settle tokenized real-world assets, while Canton Coin is the network’s native token used to support transactions and core network operations.

Canton Coin’s gains stand out against a largely flat broader market over the past week. Bitcoin (BTC) and Ether (ETH) were both down around 0.5%, (BNB) BNB fell 0.9% and Solana (SOL) declined about 3.3%, according to CoinGecko data at the time of writing.

Related: US Treasurys lead tokenization wave as CoinShares predicts 2026 growth

Tokenization of real-world assets, the process of issuing claims on traditional and real-economy assets on blockchain networks, has emerged as one of the biggest narratives in crypto this year.

According to data from RWA.xyz, the total distributed value of tokenized real-world assets has more than tripled over the past year, rising from about $5.6 billion at the end of 2024 to roughly $19 billion today.

Source: CoinTelegraph