- Chainlink becomes a super validator on Canton Network, integrating data streams, smartdata, and CCIP for institutional blockchain use.
- Canton Network now supports $6 trillion in on-chain real-world assets, with 500 validators and 30 super validators.
- Global institutional adoption accelerates, with major banks, fintechs, and crypto platforms integrating tokenized assets and stablecoins.
Chainlink has partnered with Canton Network, an institutional-grade blockchain backed by global banks and technology firms, integrating its data services and cross-chain protocol to enhance institutional adoption.
The collaboration brings Chainlink’s full suite of services—including data streams, smartdata (proof of reserve and NAVLink), and the cross-chain interoperability protocol (CCIP)—onto the Canton Network. Chainlink Labs will also serve as a super validator, operating both a domain validator and a Canton synchronizer node. This role helps finalize cross-domain transactions, providing consensus and interoperability across the network.
Yuval Rooz, CEO of Digital Asset, the Canton Network developer, noted that Chainlink strengthens both governance and resilience while creating opportunities for innovation across traditional and decentralized finance. Chainlink co-founder Sergey Nazarov added that the partnership will facilitate large-scale real-world use cases bridging traditional and decentralized capital markets.
Canton Network expands institutional capabilities
Launched in May 2023, the Canton Network supports tokenization and large-scale financial activity, with backing from Microsoft, Goldman Sachs, BNP Paribas, Cboe Global Markets, Digital Asset, and Paxos. The network recently rebranded its governing body from the Global Synchronizer Foundation to the Canton Foundation, which includes major validators such as Chainlink.
The network now supports over $6 trillion in on-chain real-world assets, processes $280 billion in daily repurchase agreements, and operates with a network of 500 validators and 30 super validators. Recent integrations include P2P.org, BNP Paribas, and HSBC, demonstrating growing institutional confidence.
Institutional blockchain adoption accelerates globally
The Chainlink-Canton integration aligns with a broader trend of traditional finance embracing blockchain. This week, Ripple and Securitize enabled Ripple USD (RLUSD) as an off-ramp for tokenized funds from BlackRock and VanEck, while Fnality secured $136 million from backers including Bank of America, Citi, and Temasek. Kazakhstan’s central bank also piloted a tenge-backed stablecoin using Solana and Mastercard.
These developments highlight a growing movement toward integrating blockchain solutions into mainstream financial infrastructure, positioning institutional networks like Canton at the forefront of tokenized capital markets.
