Canton Coin has surged approximately 27% in the last week, according to Cointelegraph data, outpacing the wider cryptocurrency market as traders responded to new signs of institutional adoption.
The increase follows a December 17 announcement from the Depository Trust & Clearing Corporation (DTCC) that detailed plans to tokenize a segment of US Treasury securities held at its Depository Trust Company subsidiary on the Canton Network.
DTCC manages post-trade infrastructure for US securities markets, with its subsidiaries processing around $3.7 quadrillion in securities transactions last year.
Frank La Salla, CEO of DTCC, remarked that the “collaboration lays a foundation to introduce real-world, high-value tokenization use cases to the market, starting with US Treasury securities and ultimately extending to a wide range of DTC-eligible assets.”
The Canton Network is a permissioned blockchain created for regulated financial institutions to issue and settle tokenized real-world assets, while Canton Coin is the native token of the network designed to facilitate transactions and essential operations.
Canton Coin’s rise is notable compared to a generally flat broader market in the past week. Bitcoin (BTC) and Ether (ETH) saw declines of about 0.5%, (BNB) BNB dropped 0.9%, and Solana (SOL) fell around 3.3%, based on CoinGecko data at the time of writing.
Related: US Treasurys lead tokenization wave as CoinShares predicts 2026 growth
Tokenized RWA gains traction in 2025
The tokenization of real-world assets, which involves issuing claims on traditional and real-economy assets through blockchain networks, has surfaced as one of the major narratives in crypto this year.
Data from RWA.xyz indicates that the total distributed value of tokenized real-world assets has more than tripled over the past year, climbing from about $5.6 billion at the close of 2024 to approximately $19 billion today.
US Treasury products have significantly contributed to that growth, with around $9 billion in Treasury debt currently tokenized, up from roughly $3.9 billion at the beginning of the year.
The largest of these products is BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), which offers onchain exposure to short-term US Treasurys with daily yield accrual. The fund has amassed nearly $1.7 billion in assets, according to RWA.xyz data.
Other significant tokenized Treasury offerings include funds from Ondo Finance and Franklin Templeton, which hold about $830 million and $798 million in assets, respectively, as per RWA.xyz data.
The advantages of tokenizing real-world assets include broadening access globally, reducing transaction fees, speeding up settlement times, and enabling trading around the clock.
Keith Grossman, president of crypto payments provider MoonPay, recently stated that placing traditional assets onchain would compel legacy financial institutions to adapt, similar to how the digital shift transformed media.
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