LayerZero connects institutional-level blockchain Canton, opening up cross-chain channels for traditional financial assets

The cross-chain protocol LayerZero announced the integration with the institutional-focused blockchain Canton, becoming the first interoperability protocol for Canton. Traditional financial institutions can now use LayerZero to route tokenized assets on Canton—including securities, digital bonds, and stocks—to over 165 public chains while maintaining compliance and confidentiality requirements.

In addition, investors can directly subscribe to tokenized real-world assets (RWA) on Canton using stablecoins from external public chains, and Canton’s native tokenization tools can also be transferred to other ecosystems for secondary market trading. Canton processes over $350 billion in U.S. Treasury repurchase transactions daily. LayerZero has previously partnered with DTCC and Centrifuge, the latter covering nearly $861 million in tokenized U.S. Treasuries.