Over the past decade, blockchain technology has gradually entered the mainstream. However, adoption has largely been limited to speculating on tokens and other crypto assets, not utilizing the systems themselves. That’s all starting to change, as new solutions emerge to address the hesitations that have kept institutional firms from unlocking the value of blockchain technology.

The Canton Network, a privacy-enabled, interoperable blockchain network designed for institutions, is one of those solutions. It has been likened to a “network of networks” for the largest financial firms in the world. As of November 2025, there were over 200 different firms actively engaged in the Canton ecosystem. These include asset managers like 21Shares and Fidelity, bulge bracket banks like Citi and even magic circle law firm Clifford Chance.

In our latest report we outline why firms chose the Canton Network, the primary drivers of its growth, and the importance of its underlying token to network operations.