LayerZero expands into Canton linking Wall Street tokenization rails with public chains

LayerZero announced its integration with Canton Network, making it the first interoperability protocol live on the institutional blockchain. This partnership aims to resolve a major bottleneck in asset tokenization by connecting regulated onchain assets to broader liquidity pools without compromising privacy or compliance.

Canton Network is becoming a key blockchain rail for traditional finance, handling significant daily volume in onchain US Treasury repos and expanding infrastructure for tokenized Treasuries and bank-issued digital cash. This integration allows institutions on Canton to access external stablecoin liquidity for primary purchases and potentially reach secondary markets beyond Canton for tokenized securities.

The development aligns with broader trends in traditional finance, evidenced by NYSE working with Securitize on tokenized securities infrastructure and the SEC approving Nasdaq's plan for tokenized stock trading. For LayerZero, this move shifts its focus toward linking regulated financial infrastructure with public blockchain liquidity, extending its institutional appeal.

(Source：Crypto Briefing)