P2P.org, a prominent blockchain staking and governance platform, has become a validator on the Canton Network, a blockchain platform for institutional finance that handles more than $4 trillion in tokenized assets. This move signifies a crucial step in expanding decentralized staking and governance within the network. As a validator, P2P.org will operate nodes to verify and record transactions on the Canton Network.
The Canton Network, launched in May 2023, is designed for institutional finance, offering a unique blend of privacy, interoperability, and compliance at the protocol level. It stands out from traditional public blockchains with its "network of networks" architecture, where validators process only transactions involving the parties they host. This design ensures the confidentiality of sensitive financial data while enabling seamless interoperability across applications and subnets. The network's key innovations include the Daml smart contract language, which integrates access control and privacy features directly into smart contracts, and the Global Synchronizer, a coordination layer that guarantees atomic settlement and consistency across the network.
P2P Validator distinguishes itself by prioritizing governance, security, and community impact, while also offering cross-network analytics to help users track and optimize their staking rewards. The platform also emphasizes smart on-chain governance, allowing users to delegate decision-making to P2P Validator to ensure that their interests are represented in network governance.
P2P.org's integration aims to bridge institutional infrastructure with broader crypto accessibility, attracting more participants through partnerships and reduced operational costs. P2P.org simplifies staking by handling node operations, providing high uptime, advanced analytics, and institutional-grade support, while promoting decentralization through active governance and community contributions.
The Canton Network is the only permissioned blockchain in the financial industry with on-chain privacy essential to the seamless movement of assets and capital on decentralized open rails. With over $3.6 trillion in tokenized assets on-chain, its proven institutional-grade scale synchronizes previously siloed systems with the configurable privacy and controls required to unlock asset mobility across traditional finance and crypto ecosystems. The infrastructure, launched in July 2024, is governed by the Canton Foundation and supported by the Linux Foundation to ensure organizational neutrality and foster innovation across the ecosystem.
The Canton Network distinctly balances the decentralization of public blockchain with the privacy and controls required for financial markets. No other network allows assets and data to move across applications with real-time synchronization and guaranteed privacy—without the need to sacrifice trust or give up control to central intermediaries.
The addition of P2P.org as a validator underscores the rise of institutional blockchain infrastructure. P2P.org provides non-custodial staking infrastructure and technology for intermediaries such as Web3 Wallets, Exchanges, and Custodians. It also allows token holders to participate in staking without the heavy lifting of running a node, as it manages the technical aspect. Founded in 2018, P2P.org has over 90,000 delegators and $8+ billion in total locked value.
The Canton Network has been gaining traction with major financial institutions. HSBC and BNP Paribas recently joined the Canton Foundation, the network's governance body, bringing the membership to 30. Other notable members include Goldman Sachs, Moody's, and the Hong Kong Monetary Authority. Digital Asset, the company behind the Canton Network, raised US$135 million in a strategic funding round to accelerate adoption of the network. The funding aims to expand the integration of real-world assets (RWAs) onto Canton.
