Canton Token will rise by around 25% after DTCC Tokenized Treasury Plans
Canton Coin has surged 27% in the past week, outperforming the broader cryptocurrency market as traders react to fresh signs of institutional adoption, according to Cointelegraph data.
The gain follows the Dec. 17 announcement by the Depository Trust & Clearing Corporation (DTCC) of a plan to liquidate a portion of U.S. Treasury securities held by the Depository Trust Company subsidiary in the Canton Network.
DTCC operates the post-trade infrastructure for the U.S. securities markets, with its partners handling about $3.7 quadrillion in securities transactions last year.
“The partnership creates a roadmap for bringing real-world, high-value token use cases to market, starting with US Treasury securities and eventually expanding to a broader range of DTC-eligible assets,” said DTCC CEO Frank La Sala.
Canton Network is a permissioned/permissionless blockchain-controlled financial institution designed to issue and redeem tokenized real-world assets, while Canton Coin is a network-native token used to support transactions and core network operations.
Cantonese's gains were highlighted by a largely flat broader market last week. Bitcoin (BTC) and Ether (ETH) both fell 0.5%, (BNB) BNB fell 0.9% and Solana (SOL) fell 3.3%, according to CoinGecko data.
Related: CoinShares predicts 2026 growth as US Treasurys lead tokenization wave.
Tokenized RWA will have high profits in 2025
The tokenization of real-world assets, the process of staking 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 value of distributed real-world assets has tripled over the past year, rising from $5.6 billion to nearly $19 billion by the end of 2024.
U.S. Treasury yields account for a large share of that growth, with nearly $9 billion of Treasury debt now being rolled over, up from roughly $3.9 billion at the start of the year.
The largest of these products is BlackRock's USD Institutional Digital Liquidity Fund (BUIDL), which offers exposure to short-term U.S. Treasuries in a chain with daily yields. According to RWA.xyz data, the fund has grown to nearly $1.7 billion in assets.
Other major treasury offerings include funds from Ondo Finance and Franklin Templeton, which have about $830 million and $798 million in assets, respectively, RWA.xyz data shows.
Some of the benefits of tokenizing real-world assets include expanding global reach, reducing transaction costs, shortening settlement times, and enabling assets to be traded 24/7.
Keith Grossman, president of the crypto payments company MoonPay, recently said that putting traditional assets onchain will force them to adapt to the same way that the digital shift is changing media.
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