OpenAssets, Digital Asset Team Up to Tokenize Capital Markets
OpenAssets is bringing its 'markets-in-a-box' platform to Canton Network, enabling institutions to issue and manage tokenized assets via Digital Asset's DA Registry.
OpenAssets and Digital Asset announced a partnership Thursday aimed at modernizing capital markets infrastructure by integrating OpenAssets' end-to-end platform with Digital Asset's Canton Network and DA Registry.
The Pittsburgh-based OpenAssets describes its offering as a "markets-in-a-box" solution, designed to allow financial institutions to issue, manage, and settle tokenized assets without building proprietary infrastructure from scratch. By connecting to Canton, a privacy-enabled blockchain network built for institutional use, the company positions itself as a turnkey on-ramp to tokenized securities markets.
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The collaboration centers on Digital Asset's DA Registry, a system that tracks ownership and lifecycle events for tokenized instruments. Institutions leveraging the combined stack would, in theory, be able to bring new tokenized products to market with significantly reduced technical overhead, according to the announcement.
The deal reflects broader momentum across Wall Street and institutional finance to migrate traditional capital markets functions — such as issuance, transfer agency, and custody — onto distributed ledger infrastructure. Tokenization of real-world assets has attracted growing interest from asset managers and banks seeking faster settlement and programmable compliance.
Terms of the partnership were not disclosed. Continue reading at Cryptocurrency.
