Broadridge's tokenized repo platform processed $8tn in July
Distributed Ledger Repo moved an average of $365bn of repurchase agreements a day against tokenized collateral, which Broadridge reports as a 28 per cent rise year on year.
Network
Canton Network
Privacy-enabled public blockchain built on technology from Digital Asset, where each application runs its own sub-network and the Global Synchronizer provides atomic composition across them; JPMorgan issues its JPMD deposit token natively on it.
The profile
Privacy-enabled public blockchain built on technology from Digital Asset and opened for institutional testing in August 2023, on which each application runs its own sub-network while the Global Synchronizer, live since July 2024, provides atomic composition across them. Governance of the synchroniser sits with the US-based Canton Foundation, whose premier members include BNY, BNP Paribas, DTCC, Euroclear, Goldman Sachs and HSBC. JPMorgan issues its JPMD deposit token natively on the network, which is also used for tokenized collateral, repo and fund flows.
Products and services
- Global Synchronizer
- Decentralised interoperability layer allowing atomic transactions across otherwise separate Canton applications and sub-networks.
- Canton Coin
- Network-native token used to pay traffic fees on the Global Synchronizer and to reward infrastructure and application operators.
Coverage
Developments in which Canton Network is a named party, newest first.
Payments
JPMorgan issues its JPMD deposit token natively on the Canton Network
JPMorgan said on 7 January 2026 that it would issue JPMD, its dollar deposit token, natively on the Canton Network, a privacy-oriented institutional blockchain.
On the record
Broadridge reports $8.0tn of tokenized repo processed in July
Broadridge said on 10 August 2026 that its Distributed Ledger Repo platform processed an average of $365bn of repurchase agreements a day in July against tokenized collateral, totalling $8.0tn for the month, which it reported as a 28 per cent rise year on year. Its releases for March, April and June put the daily average at $354bn, $368bn and $357bn.