Digital Asset and Euroclear Start First Project Phase to Increase the Mobility of Collateral Assets through the Canton Network

By Dominic Sow · 27 February 2025

Digital Asset, a leading innovator in blockchain technology, and Euroclear, the financial industry’s leading provider of post-trade services, today announced the launch of the first phase of the tokenized collateral mobility initiative for the Canton Global Collateral Network (GCN). This first phase, conducted with a leading consultancy firm, aims to define how Euroclear’s decades of collateral management expertise could be applied to the rapidly growing digital and crypto markets using the Canton Network. The Canton Network is a blockchain designed with the configurable privacy, scalability, and interoperability required for systemically important financial markets. The ultimate project’s goal is to facilitate a seamless and regulated exchange of digital assets and cash as collateral. Euroclear and Digital Asset are observing a growing market interest in robust on-chain collateral and margin management solutions. Financial institutions are actively seeking efficient ways to trade and mobilize their assets to meet capital obligations across global markets, all while adhering to privacy and control requirements. Phase one will involve industry participants and outline a strategic roadmap, including:

How tokenized collateral mobility could enhance efficiency across global markets

How crypto derivatives collateral and margin management services could meet the interest of 24/7 trading and settlement

This initiative aligns with Euroclear’s efforts to support the adoption of digital assets. “Euroclear has long been a trusted partner in the global collateral ecosystem, delivering efficient and resilient post-trade services,” said Marije Verhelst, Head of Product Strategy and Development Collateral Management and Securities Lending at Euroclear. “We are now actively exploring how our expertise can be extended into tokenized assets and digital collateral solutions.” “We are excited to collaborate with Euroclear on this initiative to explore the future of digital collateral mobility,” said Kelly Mathieson, Chief Business Development Officer at Digital Asset. “The Global Collateral Network has the potential to revolutionize collateral management by enabling real-time, compliant, and interoperable asset mobility across both traditional finance and digital markets. This is a significant step toward unlocking the full potential of tokenization across new crypto capital markets.” As the Canton Network is gaining momentum as a blockchain with configurable privacy designed for regulated, systemically important markets, this collaboration underscores the growing institutional adoption in the digital asset space.

Companies in this story: Euroclear, Digital Asset

People in this story: Marije Verhelst, Kelly Mathieson

Digital Asset and Euroclear Start First Project Phase to Increase the Mobility of Collateral Assets through the Canton Network

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