Base Assets Enter Canton Network

Send Protocol Bridges Base to Canton

Send Protocol has launched a new bridge connecting Base assets directly to Canton Network wallets. The first supported assets are USDC, cbBTC, $SEND, and frxUSD, each arriving on Canton with a .B suffix to denote their wrapped, bridged form. The team said additional assets and liquidity pools will follow in future rollout phases.

The move gives retail participants a direct on-ramp to settlement infrastructure that has, until now, been the near-exclusive domain of large financial institutions. Canton Network, built by Digital Asset and backed by JPMorgan, Goldman Sachs, BNP Paribas, and DTCC, handles over $6 trillion in tokenized real-world assets across more than 600 institutions. Bringing consumer-facing Base assets into that environment marks a meaningful shift in who can access those rails.

Why Canton's Infrastructure Matters

Canton Network is the only public, permissionless blockchain purpose-built for institutional finance, uniquely combining privacy, compliance, and scalability. That combination has attracted some of the largest names in traditional finance. Institutional participants already using those rails include Broadridge, whose distributed ledger repo platform processes $4 trillion monthly in overnight Treasury financing running on Canton. The DTCC is also preparing to tokenize traditional finance instruments on Canton infrastructure.

The Send Protocol bridge adds a new dimension to that ecosystem by making Base-native stablecoins and wrapped bitcoin available on Canton without requiring users to navigate institutional onboarding. More assets and liquidity pool integrations are planned, suggesting the rollout is designed to build depth over time rather than arrive fully formed.

For Base users, the practical implication is access to Canton's privacy-preserving settlement layer. For Canton, it represents another step in broadening the network beyond the traditional finance firms that anchored its early growth.

Sources:
Canton Network official site
BlockEden: Canton Network and JPMorgan institutional blockchain overview
CoinDesk: JPMorgan's Kinexys to bring digital cash to Canton