LayerZero integrates with institutional-level blockchain Canton, enabling cross-chain transfer of traditional financial assets

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Golden Finance reports that on March 27, the cross-chain protocol LayerZero announced its integration with Canton, an institutional blockchain, becoming Canton’s first interoperability protocol.
Traditional financial institutions can now use LayerZero to route tokenized assets on Canton—including securities, digital bonds, and stock routes—to more than 165 public chains, while still meeting compliance and confidentiality requirements.
In addition, investors can use stablecoins on external public chains to directly subscribe to Canton’s tokenized real-world assets (RWA), and Canton’s native tokenization tools can also be transferred to other ecosystems for secondary market trading. Canton processes more than $350 billion per day in US Treasury repo transactions. LayerZero previously reached collaborations with DTCC and Centrifuge, the latter covering nearly $861 million in tokenized US Treasuries.

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