21Shares launched its Canton Network ETF (TCAN) on the Nasdaq on Thursday, marking the first U.S. ETF designed to offer investors direct exposure to Canton Coin (CC), the native token of Canton Network—a privacy-enabled blockchain ecosystem supported by Goldman Sachs, Microsoft, and Deutsche Bank.

The fund's issuer serves as an active validator on the network and takes a direct role in operations and coordination of the Global Synchronizer. 21Shares is a prominent issuer of crypto exchange-traded funds and a subsidiary of digital asset prime broker FalconX.

"The Canton Network has attracted significant institutional interest given its focus on privacy-preserving infrastructure for capital markets," said Andres Valencia, EVP of investment management at 21Shares. "When you see names like Nasdaq, Moody's, and Deloitte supporting a common blockchain infrastructure, you are looking at infrastructure that has the potential to reshape how data and capital move across global markets."

Beyond the headline validators, Canton Network operates with testing support from an expanding roster of traditional financial and technology companies. This institutional backing signals confidence in the blockchain's potential to transform enterprise financial workflows while maintaining the privacy and compliance standards these organizations require.



Georg Schneider, global head of real-world assets at Canton creator Digital Asset, said Canton's distinguishing feature is that "institutions can coordinate real financial workflows across firms without giving up privacy, control, or compliance." As more investors seek exposure to this ecosystem, "products like TCAN help broaden access to infrastructure purpose-built for regulated markets," he said.

21Shares has expanded its roster of crypto ETF products since listing the first physically-backed crypto ETP in 2018. The launch of TCAN represents the firm's entry into specialized blockchain infrastructure products, targeting institutional investors seeking exposure beyond traditional cryptocurrencies like Bitcoin and Ethereum.

Canton’s native token is down more than 1% over the last 24 hours at a recent price of $0.146, per CoinGecko data. CC began trading last November and has quickly become one of the most valuable coins on the market, currently ranked 21st in market cap at $5.6 billion.

Visa became the first major payments company to join as a super validator in January, and the payments giant later expanded its stablecoin settlement program to include Canton. Digital Asset CEO Yuval Rooz recently told Decrypt that Canton allows institutions to guard against DeFi security risks through its privacy-preserving architecture.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。