SyntaxVerse
Canton

Canton (CC)

• Practical Byzantine Fault Tolerance
$0.18
-4.98% (24h)
Market Cap 6.24B
24h Volume $29.19M
Circulating 34.9B CC
All-Time High $0.19

About

Canton is a public, privacy-focused blockchain network designed primarily for institutional finance and regulated environments, combining programmable privacy, interoperability, and real-world asset tokenization to bridge traditional financial systems with decentralized technologies. Unlike many public blockchains oriented toward retail users, Canton’s architecture is tailored to meet regulatory, compliance, and confidentiality requirements, enabling financial institutions to transact, synchronize data, and tokenize assets such as bonds, treasuries, and collateral without exposing sensitive information across the entire network.

The network was developed by Digital Asset and announced in May 2023 by a consortium of major global institutions including Goldman Sachs, BNP Paribas, Microsoft, Deloitte, and others, with pilot stages progressing through 2024. Canton’s design implements a “network of networks”, where each participant can run independent ledgers or permissioned subnets while synchronizing across the broader ecosystem through a shared coordination layer called the Global Synchronizer. This powerful approach enables atomic settlement, meaning transactions involving multiple parties either complete entirely or not at all while preserving sub-transaction privacy and regulatory compliance.

At the core of the ecosystem is the native utility token, Canton Coin (CC). Unlike traditional ICOs or pre-mine distributions, Canton Coin was launched using a fair-launch and utility-based model where tokens enter circulation through earned participation in network activity, such as operating infrastructure, building applications, or facilitating transactions. The token’s economics are governed by a burn-mint equilibrium mechanism: fees collected from network usage are burned, and new tokens are minted based on measurable contributions to the network’s utility. This dynamic framework aligns incentives between builders, validators, and end-users while tethering token supply to actual network demand and usage rather than speculation.

Canton has attracted institutional adoption at scale with tokenized real-world assets valued in the trillions processed on the network and integrations with global custodians and traditional finance entities. The network combines privacy via configurable smart contract visibility, interoperability across applications, and enterprise-grade infrastructure, positioning it as foundational infrastructure for modern capital markets that require both decentralization and regulatory assurance. As Canton continues to grow, its technology and tokenomics push forward the real-world adoption of blockchain solutions in mainstream finance.

Supported Blockchains

Canton