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Goldman Sachs-backed Canton chain integrates with LayerZero

The Block
LayerZero's cross-chain infrastructure is integrating with the institutional finance-focused Canton Network.

Summary

LayerZero's interoperability protocol is integrating with the Canton Network, a blockchain built for regulated financial institutions backed by firms like Goldman Sachs and Microsoft. This integration allows traditional financial institutions on Canton to securely move tokenized assets across over 165 public blockchains while maintaining compliance. LayerZero, designed to make any token compatible with any blockchain, now connects its $100 billion ecosystem to Canton, enabling cross-chain funding and trading of tokenized assets. LayerZero Labs CEO Bryan Pellegrino stated their goal is to make Canton's assets available across all global markets and blockchains.

(Source:The Block)