Canton Foundation Funds New Institutional Privacy Standard
The Canton Foundation has tapped RedStone to develop an open-source framework for secure, private institutional market data.
Updated on Oct. 29, 2026 in Financial Services
Live Poll
Do you trust that new data privacy standards will make digital asset trading safer?
The Canton Foundation is funding the creation of the Canton Access and Privacy Standard (CAPS) to support institutional market infrastructure. Developed by RedStone, the framework will be released under an Apache 2.0 open-source license to enhance data privacy.
Why it matters
The standard allows financial institutions to price transactions using a shared reference price without disclosing their sensitive settlement values or specific market positions to external data providers.
The Canton network includes over 600 participating institutions managing US$9 trillion in tokenised assets. The network also processes more than US$350 billion in daily US Treasury repo transactions.
The players
Canton Foundation
This organization oversees the Canton network, a collaborative ecosystem of over 600 financial institutions focused on digital asset infrastructure.
RedStone
This technology firm specializes in oracle infrastructure and was selected to build the CAPS framework for the Canton network.
The details
RedStone will build the framework to publish shared, timestamped reference prices for all participants. This enables institutions to calculate individual transaction values internally while maintaining confidentiality regarding their underlying holdings.
Timeline
The funding for the development of the Canton Access and Privacy Standard was announced on October 29, 2026.
Market Landscape
The project follows a pattern set by the Apache 2.0 open-source license, which ensures that the infrastructure remains accessible to the broader financial services sector. By standardizing these protocols, the industry is moving away from fragmented, proprietary data silos toward unified, interoperable privacy standards.
For financial institutions and market participants, this initiative aims to streamline transaction pricing while significantly reducing the risk of data leakage. Clients may eventually benefit from more efficient settlement processes and enhanced privacy when trading tokenised real-world assets.
The takeaway
The move toward standardized, private data protocols represents a critical evolution for institutional adoption of tokenised assets. Firms should monitor the release of the CAPS framework to understand how these new privacy tools will integrate into existing market-data workflows.
Further reading
Learn more about evolving market infrastructure in our Financial Services section.
Source note: This article includes information reported by Asset Servicing Times.
Live Poll
Do you trust that new data privacy standards will make digital asset trading safer?
