Receipts Depositary Corporation (RDC), a pioneer in digital asset depositary receipts, today announced it has joined the Canton Network, the industry’s leading privacy-enabled blockchain ecosystem designed for institutional assets, as both a validator and a Depositary Receipts (DR) depositary.
As part of this initiative, RDC will leverage its unique expertise in issuing traditional and digital asset DRs to work towards introducing tokenized depositary receipts on the Canton Network. This initiative intends to expand investment opportunities by combining the mobility and efficiency of tokenization with the trusted regulatory and governance framework of depositary receipts, with the goal of enabling investors to move assets seamlessly and securely across jurisdictions.
“By joining the Canton Network, we are working on extending the utility of depositary receipts into the digital era,” said Bryant Kim, COO of Receipts Depositary Corporation. “Tokenized DRs intend to allow institutions and qualified investors to access a broader range of assets with the same regulatory protections they have trusted for decades, but now with the added benefits of blockchain interoperability, settlement efficiency, and programmability.”
As a validator, RDC will also contribute to the resilience, security, and governance of the Canton Network, reinforcing its mission to create a connected, privacy-first financial ecosystem that allows institutions to interoperate while maintaining control over their data.
The Canton Network is rapidly becoming the hub for regulated financial institutions, asset managers, banks, and market infrastructure providers. RDC’s participation will enable the creation, transfer, and settlement of tokenized DRs alongside other institutional assets — helping to unlock new forms of liquidity and investment flows.
“Receipts Depositary Corporation is a pioneer in bridging traditional finance with the digital asset economy,” said Georg Schneider, Global Head of RWA, Digital Asset. “By introducing tokenized DRs, they are helping to bring crypto assets into traditional finance through a well-known, trusted financial instrument. This is exactly the type of interoperable, compliant, and institution-grade innovation that the Canton Network is designed to support— expanding access to global markets in a way that both TradFi and DeFi participants can embrace.
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