Canton Network and the Institutional Blockchain Reality Check

In this paper, we discuss:

• Canton Network’s emergence as a leading example of Wall Street’s shift toward permissioned blockchain infrastructure for institutional finance;
• The concentration of blockchain activity within repo and collateral markets, particularly through Broadridge’s DLR platform;
• The gap between headline blockchain adoption metrics and broader real-world institutional integration;
• The structural barriers slowing institutional blockchain adoption, including regulation, governance, and legacy infrastructure;
• The growing but still narrow use of tokenised financial products such as Treasuries and money market funds.

Download PDF: Canton – May 2026