Canton Network (CANTON) blockchain — overview of an enterprise network for banks

Canton CC

Cryptocurrency · Layer 1 · Not Mineable · launched in 2023

№23of 40 004

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Price —
$4.04 billion
Capitalization
$13.84 million
Volume over 24 hours
0.15%
Dominance
VolumePrice, $

Order book data is delayed and for informational purposes only.

About the coin

Circulating supply
39.91 billion CC
Total supply
39.91 billion CC
Maximum supply
Unlimited
Fully diluted capitalization
$4.04 billion
24h high
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24h low
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Canton Network (CANTON) — is a confidential enterprise-grade blockchain network created by Digital Asset with support from global financial giants, including Goldman Sachs, BNP Paribas, Deloitte, and Microsoft. The platform is specifically designed for institutional investors to securely tokenize and exchange real-world assets (RWA).

Its unique architecture based on the Daml smart contract language enables connecting isolated financial systems into a unified network while maintaining strict data confidentiality, trade secret protection, and regulatory compliance. The native CANTON token is used by node operators to synchronize and secure this interbank Web3 infrastructure.

Additional information

Project website  Whitepaper  Block explorer 

FAQ

  • Canton Network is a specialized decentralized distributed enterprise-grade network. It was created to unite traditional financial systems, banks, and institutional investors in a single space for secure asset tokenization and instant settlements without compromising privacy.

  • The project is supported by major global brands in finance, consulting, and technology. Participants and node operators include giants such as Goldman Sachs, Microsoft, BNP Paribas, Deloitte, Cboe Global Markets, Paxos, Moody's, and Cumberland, making Canton the leading interbank Web3 platform.

  • The main difference is the balance between decentralization and privacy. In public networks, transaction history is open to everyone. Canton's architecture allows financial organizations to independently control data access levels: parties see only transactions they directly participate in. At the same time, seamless asset transfer between different network nodes is preserved.

  • All platform logic and smart contracts are written in a specialized Daml language (Digital Asset Modeling Language). This is an advanced confidential programming language developed specifically for the financial sector. It ensures automatic contract execution, eliminates technical network fork errors, and strictly complies with regulatory requirements for compliance and KYC/AML.

  • The CANTON token serves as an internal infrastructure and service fuel. It is necessary for synchronizing and coordinating processes between independent corporate blockchains (subnets), paying computational power to validating node operators, and for decentralized security of data transmission between consortium participants.

This section is for reference only and shows global market data. MONIQ is not a crypto asset service provider, does not carry out operations with crypto assets and does not give individual investment advice.