3h ago

Canton Network Lands Korea'S Hanwha Investment & Securities, Expanding Tradfi Roster

Korean brokerage Hanwha Investment & Securities (@Hanwha_Official) has signed a memorandum of understanding with Digital Asset Holdings, operator of the @CantonNetwork, to explore cooperation on the blockchain's institutional finance infrastructure.

The deal adds a significant Asian name to Canton's existing roster of financial institution partners, which already includes Goldman Sachs, DTCC, Euroclear, HKEX, and HSBC. Canton positions itself as an open blockchain purpose-built for institutional finance, with interoperability and privacy features designed to meet the demands of regulated workflows.

Digital Asset CEO Yuval Rooz described Korea as "a very important market for the expansion of the Canton Network," signalling the firm's intent to deepen its presence across Asia. Hanwha CEO Jang Byung-ho framed the partnership as an opportunity to connect the firm with the global financial ecosystem through shared infrastructure.

The MOU stops short of a formal integration but sets the groundwork for closer collaboration as institutional appetite for blockchain-based financial infrastructure continues to grow.

Canton Network Lands Korea'S Hanwha Investment & Securities, Expanding Tradfi Roster

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