FalconX, Interstice Connect Canton to Ethereum, Solana and Robinhood Chain
The non-custodial cross-chain swap engine connects Canton’s institutional tokenized-asset markets with liquidity and trading activity across major public blockchains.
Interstice Connect, a subsidiary of Everyrealm, has unveiled a cross-chain swap engine in partnership with FalconX, enabling seamless asset swapping between Canton Network, Ethereum, Solana and Robinhood Chain. This non-custodial engine allows users to trade assets across the four networks without requiring Interstice to take custody of the assets or execute transactions on their behalf.
FalconX, a digital asset prime brokerage catering to institutional investors, provides liquidity to the engine, facilitating a bridge between Canton's institutional markets and assets on public blockchains like Ethereum and Solana. Canton, a public blockchain tailored for institutional finance, boasts privacy and permissioning controls suitable for regulated transactions involving tokenized assets, with major financial institutions such as JPMorgan, Goldman Sachs and BNP Paribas participating in its ecosystem.
While Interstice did not disclose the specific assets supported by the swap engine or transaction volume figures, the integration signifies the growing adoption of Canton for tokenized assets and blockchain-based settlement by traditional financial institutions. In July, Tradeweb executed a real-time purchase and sale of a tokenized US Treasury settled against USDCx on Canton, marking a significant milestone in the realm of tokenized asset transactions.
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