mr.Sean retweeted
We'll be at the Digital Asset Summit by @blockworksDAS in London next week.
If you're working on tokenization, on-chain settlement of securities, or on-chain issuance, let's meet.
We'd love to show you how swap.monster lets institutions trade, finance, and issue ely on Canton.
If you're working on tokenization, on-chain settlement of securities, or on-chain issuance, let's meet.
We'd love to show you how swap.monster lets institutions trade, finance, and issue ely on Canton.
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mr.Sean retweeted
Broadridge's Distributed Ledger Repo, which runs on Canton, processed $7.6 trillion in repo transactions in October, an average of $345 billion a day.
On an average day it moved more than the entire stablecoin market, now more than $283.04B.
@Broadridge @CantonNetwork
On an average day it moved more than the entire stablecoin market, now more than $283.04B.
@Broadridge @CantonNetwork
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mr.Sean retweeted
We are thrilled to announce that Morgan Stanley is among the first banks to tokenize real-world assets following the launch of the @The_DTCC Tokenization Service (DTS), converting U.S. Equity and U.S. Treasuries to tokenized form.
Launched on October 28, DTS creates tokenized custodied securities to support greater liquidity, collateral mobility and capital efficiency.
Launched on October 28, DTS creates tokenized custodied securities to support greater liquidity, collateral mobility and capital efficiency.
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mr.Sean retweeted
Institutional-size trades. Private quotes. Atomic settlement.
@SwapMonster_ brings request-for-quote trading to Canton, using Daml contracts to exchange assets and payment in one transaction.
Sherlock has completed a collaborative audit of its RFQ exchange. ↓
@SwapMonster_ brings request-for-quote trading to Canton, using Daml contracts to exchange assets and payment in one transaction.
Sherlock has completed a collaborative audit of its RFQ exchange. ↓
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Big day today for @CantonNetwork
@The_DTCC announced its tokenization service on Canton network with its own Besu private network.
At @SwapMonster_, we are building the financial market infrastructure for institutions to list their tokenized assets, settle with their existing clients, and distribute them to broader market participants that comply with their own regulations.
If you are tokenizing assets or looking into Canton, reach out.
@The_DTCC announced its tokenization service on Canton network with its own Besu private network.
At @SwapMonster_, we are building the financial market infrastructure for institutions to list their tokenized assets, settle with their existing clients, and distribute them to broader market participants that comply with their own regulations.
If you are tokenizing assets or looking into Canton, reach out.
Huge announcement today for the @CantonNetwork ecosystem.
@The_DTCC's Tokenization Service is live and with it:
▫️ 34 securities available to tokenize at launch
▫️ From select large-cap Russell 1000 stocks, select ETFs, and US Treasuries (specific names not disclosed yet)
▫️ 1 by a security held at DTC, with the same legal rights
▫️ Tokens can move 24/7 between DTC-registered wallets
DTC holds about $30 trillion in assets under custody.
Tokenization is getting more adoption, and Canton is the home for it. Stay tuned for more updates. 👀
Read more: dtcc.com/products-and-s…
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mr.Sean retweeted
Node Monster is live on the @shinzonetwork testnet as a Generator.
Every app reads the chain through someone else's API. The chain proves every block – the indexer proves nothing.
Shinzō fixes that at the source:
▫️ Generator runs alongside the node we already operate
▫️ Reads ▫️ Signs the data at the source
▫️ No middleman between the chain and the answer
We're excited to contribute to the trustless read layer – making blockchain data as verifiable as the chains that produce it. 🤝
Every app reads the chain through someone else's API. The chain proves every block – the indexer proves nothing.
Shinzō fixes that at the source:
▫️ Generator runs alongside the node we already operate
▫️ Reads ▫️ Signs the data at the source
▫️ No middleman between the chain and the answer
We're excited to contribute to the trustless read layer – making blockchain data as verifiable as the chains that produce it. 🤝
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mr.Sean retweeted
Your quote isn't the market's business.
Ask only the counterparties you pick. Your assets stay in your wallet until you accept. Then both legs settle in one transaction.
Price at size, without the audience.
Dm for an invitation.
Ask only the counterparties you pick. Your assets stay in your wallet until you accept. Then both legs settle in one transaction.
Price at size, without the audience.
Dm for an invitation.
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mr.Sean retweeted
Traditional finance is coming on-chain, and Canton is where it's landing.
Derivnex just closed the first OTC swap on Canton. @DRWTrading and Marex traded a total return swap on a Kaiko-tokenized S&P iBoxx index.
Tokenized repo on Canton now runs at about $9T a month.
Repo is moviveraging Canton, institutions get private quotes from counterparties they choose, with cash and collateral settling together, and a market that is open to them 24/7.
Derivnex just closed the first OTC swap on Canton. @DRWTrading and Marex traded a total return swap on a Kaiko-tokenized S&P iBoxx index.
Tokenized repo on Canton now runs at about $9T a month.
Repo is moviveraging Canton, institutions get private quotes from counterparties they choose, with cash and collateral settling together, and a market that is open to them 24/7.
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mr.Sean retweeted
On most public chains, a pending trade is visible to everyone before it settles. Canton works differently. Validators or participants only see the transactions they're party to, and there's no public mempool in between.
That's why we are building on Canton, and why we are . Canton lets transactions be private and visible only to the counterparties participating in the transaction.
A private RFQ only works if competing counterparties never see each other's prices, and on Canton, the ledger underneath supports it.
That's why we are building on Canton, and why we are . Canton lets transactions be private and visible only to the counterparties participating in the transaction.
A private RFQ only works if competing counterparties never see each other's prices, and on Canton, the ledger underneath supports it.
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mr.Sean retweeted
Putting the cash leg on-chain is what makes tokenized repo real. Dollars move in for settlement, then back to the bank when the trade matures.
On Swap Monster, desks can price and settle the trade on Canton while the underlying securities stay in custody; only the digital twin changes hands.
The settlement is atomic, DvP on-chain and the asset never has to leave the rails institutions already trust.
On Swap Monster, desks can price and settle the trade on Canton while the underlying securities stay in custody; only the digital twin changes hands.
The settlement is atomic, DvP on-chain and the asset never has to leave the rails institutions already trust.
A tokenized US Treasury can settle onchain while the institution financing it keeps its cash in a bank account.
In @The_DTCC's first production trades using tokenized U.S. securities, HIFI moved the cash leg of two Treasury repo transactions, from bank dollars into USDC and USDCx on @CantonNetwork for settlement, then back to the bank at maturity.
HIFI CEO @ZachaWalsh on why the cash leg is what lets tokenized markets run at institutional scale.
go.hifi.com/87IabIj
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mr.Sean retweeted
DTC's Digital Assets Solutions Industry Working Group spans banks, asset managers, and infrastructure providers.
Swap Monster has joined, contributing an operator's perspective on interoperability, settlement, and market readiness as tokenized assets move toward active trading.
Swap Monster has joined, contributing an operator's perspective on interoperability, settlement, and market readiness as tokenized assets move toward active trading.
Swap Monster has joined the DTC Digital Assets Solutions Industry Working Group (IWG), an industry forum convened by The Depository Trust & Clearing Corporation (@The_DTCC), the premier market infrastructure for the global financial services industry, to support dialogue and feedn, digital assets and the evolution of financial market infrastructure.
DTCC’s depository subsidiary provides custody and asset servicing for securities valued at U.S. $114 trillion.
The IWG brings together more than 100 members across traditional finance and digital markets, including institutions at the core of global markets such as @BlackRock, @citsecurities, @CharlesSchwab, @circle, and @digitalasset, the creators of @CantonNetwork.
We come to these discussions as operators: Swap.monster runs a private RFQ marketplace on Canton Network, where institutions trade with atomic, non-custodial settlement on-chain.
As tokenized assets move to active trading, industry alignment on interoperability, settlement and market readiness will shape how fast that transition happens. We look forward to contributing our perspective.
More on the IWG's formation: dtcc.com/press-releases…
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Proud to share that @SwapMonster_ has joined the DTC Digital Assets Solutions Industry Working Group (IWG).
As tokenization takes on a new lead, we can clearly see that on-chain tokenization is being taken at a high level and is reaching a point where institutions and traditional finance firms are more and more interested in having on-chain exposure to assets and yield-bearing assets. Our participation in the DTCC working group will expand our reach to institutions and work alongside firms that are looking to have direct exposure to tokenized assets on @CantonNetwork.
If you're an asset issuer coming to Canton or exploring coming to Canton, let's talk.
We will give you one place to issue, connect with institutions, and settle on-chain.
As tokenization takes on a new lead, we can clearly see that on-chain tokenization is being taken at a high level and is reaching a point where institutions and traditional finance firms are more and more interested in having on-chain exposure to assets and yield-bearing assets. Our participation in the DTCC working group will expand our reach to institutions and work alongside firms that are looking to have direct exposure to tokenized assets on @CantonNetwork.
If you're an asset issuer coming to Canton or exploring coming to Canton, let's talk.
We will give you one place to issue, connect with institutions, and settle on-chain.
Swap Monster has joined the DTC Digital Assets Solutions Industry Working Group (IWG), an industry forum convened by The Depository Trust & Clearing Corporation (@The_DTCC), the premier market infrastructure for the global financial services industry, to support dialogue and feedn, digital assets and the evolution of financial market infrastructure.
DTCC’s depository subsidiary provides custody and asset servicing for securities valued at U.S. $114 trillion.
The IWG brings together more than 100 members across traditional finance and digital markets, including institutions at the core of global markets such as @BlackRock, @citsecurities, @CharlesSchwab, @circle, and @digitalasset, the creators of @CantonNetwork.
We come to these discussions as operators: Swap.monster runs a private RFQ marketplace on Canton Network, where institutions trade with atomic, non-custodial settlement on-chain.
As tokenized assets move to active trading, industry alignment on interoperability, settlement and market readiness will shape how fast that transition happens. We look forward to contributing our perspective.
More on the IWG's formation: dtcc.com/press-releases…
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mr.Sean retweeted
One of the world's largest market makers took part in DTC's live tokenization initiative on Fireblocks.
Tokenized Treasuries on Canton. Onchain transfer to counterparties. Collateral posted at @citsecurities.
@The_DTCC's service goes live in October.
🔗: fireblocks.com/blog/citadel-d…
Tokenized Treasuries on Canton. Onchain transfer to counterparties. Collateral posted at @citsecurities.
@The_DTCC's service goes live in October.
🔗: fireblocks.com/blog/citadel-d…
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I have recently joined @CantonArmy and @TheNode_Network to discuss what we wee building at @SwapMonster_ and how we contribute to the Canton network foundations of keeping $CC deflationary.
Every interaction on our includes an on-chain transaction which burns $CC which contributes to its economics.
Every interaction on our includes an on-chain transaction which burns $CC which contributes to its economics.
Request. Quote. Settle.
Every step burns $CC 🔥
@SwapMonster_'s Sean explains why they kept the entire process on Canton.
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mr.Sean retweeted
Swap Monster is partnering with @edeldotfinance to list their token, $EDELx.
$EDELx is Edel’s Canton-side token for Canton-native products and institutional market flows. Same ecosystem as Edel on public rails, built for Canton.
$EDELx is Edel’s Canton-side token for Canton-native products and institutional market flows. Same ecosystem as Edel on public rails, built for Canton.
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Canton would be the home for institutions to trade privately at scale. And the venue would be the one that supports the right requirements.
Native cash closes half the gap. Institutions still need a private way to price size.
It means: sealed quotes, assets in the trader's wallet until accepted, and then atomic settlement.
Tokenization is one thing; private trading at scale is another.
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more assets to come soon
$TRAKXRWA is now live on Swap Monster.
$TRAKXRWA is @official_trakx’s on-chain basket of tokens that they classify as real-world assets: real estate, art, commodities, credit, and the infrastructure that supports that activity.
Size is requested as a sealed RFQ. Cash and the n Canton.
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