Goldman Sachs-Backed Canton Network Connects $100B Ecosystem to 165 Blockchains
LayerZero is now live on Goldman Sachs-backed Canton Crypto Network, connecting its $100 billion ecosystem to over 165 public blockchains while preserving compliance for regulated institutions. Canton’s DAML-based rails process more than $350 billion in daily U.S. Treasury repo volume, enabling nearly 400 participants to deploy cross-chain tokenized assets.
1. Integration Overview
LayerZero has been integrated as the first interoperability protocol on the Canton Crypto Network, which is backed by Goldman Sachs, Microsoft, and the DTCC. This connection links Canton’s institutional rails, built on the DAML smart contract language, to over 165 public blockchains, enabling compliant cross-chain asset routing.
2. Institutional Volume
Canton’s ledger processes in excess of $350 billion in daily U.S. Treasury repurchase agreement volume, underlining its role as operational financial infrastructure. Testing participants include Goldman Sachs, BNP Paribas, Tradeweb, Citadel Securities and other leading financial institutions.
3. Architectural Benefits
LayerZero’s non-custodial architecture ensures native token compatibility across chains without centralized bridge risks, aligning with compliance requirements of regulated participants. This design supports secure deployment of institutional tokenized assets and reduces counterparty exposures.
4. Strategic Positioning
The integration positions Goldman Sachs to deepen its presence in the growing tokenized asset market by offering clients direct access to on-chain liquidity. Nearly 400 ecosystem members can now leverage Canton’s network and the LayerZero protocol for institutional real-world asset deployments.