The post Canton Foundation Launches Protocol Development Fund appeared first on Canton Foundation.
]]>The Canton Network Development Fund is now open – accelerating high-quality contributions to the Canton Network ecosystem. The fund will support core research and development across everything from developer tools, security enhancements, audits and reference implementations to DeFi app(s), liquidity seeding, critical infrastructure and more. The aim of the fund is to encourage open development that continues to increase utility and value for the network at large.
The program was launched following a series of Canton Improvement Proposals (CIPs), which were voted on and approved through the Canton Foundation’s governance process.
Canton adoption and activity is scaling fast. The fund will ensure the network’s ongoing development keeps pace through transparent, predictable, Foundation-facilitated governance, with active community participation. Its purpose is to continuously and rapidly augment and build long-term resilience of the network foundations – ahead of potential proposals for broader ecosystem or application-level funding initiatives.
“With the Canton Protocol Development Fund, we are focused on supporting development that makes Canton stronger for everyone.”
Melvis Langyintuo Executive Director, Canton Foundation
In other networks, grants programs are usually funded from a premined pool, or a large treasury. Canton Coin was fair-launched, and so no centralized pool or treasury was set aside for grants. Instead, through the Canton Foundation’s governance process, Super Validators voted and approved to programmatically reallocate 5% of future Canton Coin supply to fund additional work with a durable, predictable funding source (See CIP 82 and CIP 100 for more details).
Funding is allocated quarterly and denominated in Canton Coin, and work is funded against clearly defined milestones. This structure is designed to balance openness with accountability, and flexibility with discipline.
The fund focuses on contributions that are seen as public goods and will deliver value over an extended period of time with the broader ecosystem.
You can apply for funding for:
In short: if your proposal delivers a common good for the Canton ecosystem, it will be considered.
Proposals are open to the community. Foundation members and contributors can submit proposals immediately by opening a pull request and using the proposal template in the github repo here. Other interested development houses or individuals can also submit proposals with support from Canton Foundation member organizations.
Submissions are evaluated based on the scope and quality of the work, alignment with protocol needs, and clearly defined milestones – not on who submits them.
The Canton Foundation Tech & Ops Committee may identify strategic objectives for the network and invite the community to submit proposals. Requests for proposals (RFPs) will be made publicly with clear guidelines, and you will be able to track calls for proposals via the usual Foundation channels.
Canton Foundation Tech & Ops committee members and contributors can submit fully formed proposals.
Outside of the Canton Foundation, anyone can propose enhancements and projects. You just need to be championed by an existing member of the Tech & Ops Committee (see member firms who can guide you here) who can help you with your proposal.
Proposals are all assessed with input and feedback from the contributor group and then reviewed by the Tech & Ops Committee, considering:
The Tech & Ops Committee maintains a moderated, public mailing list for receiving proposal ideas and submissions. This is the primary entry point for contributor-initiated and external proposals.
Initial proposals can be submitted through the github repo by opening a new PR, and using the PR template to complete your proposal.
For further information on the Canton Protocol Development Fund, including governance, eligibility criteria and application requirements, visit:
The purpose of the fund is to enable the grant structures and sources that best align with what’s being funded. The development fund carves out a percentage from all network rewards at large, as all stakeholders of Canton are expected to benefit equally from the work done. And it enables much more flexible funding and grant structures than a Super Validator allocation.
The work funded by the grant program is broadly work that is for the good of Canton Network stakeholders at large – work that advances the utility and value of the network for all involved. The Canton Foundation has a mandate to run open, neutral processes and governance for the network, including grants, RFPs, and audits – and to do so with representation from all network stakeholders. As such, the Canton Foundation is the natural place to govern the grants program.
Becoming a member of the Canton Foundation enables you to participate directly in member committees and working groups, including the Tech & Ops committee, through the Canton Foundation’s governance structure.
Find out how to become a member at https://canton.foundation/join-the-foundation/
If you are already a member of the foundation, simply contact foundation staff via email or Slack to let them know your delegate to the tech and ops committee and they’ll help you onboard.
The Global Syncrhonizer’s Super Validators approved this fund specifically to support shared contributions that benefit the entire network. This is about maintaining and improving the foundation everyone builds on, not picking winners.
The Canton Foundation does not subsidize applications today or fund growth initiatives from a central treasury or premine in the same way other networks structure their grants programs.
5% of the future emission of Canton Coin is being allocated to the fund, pro-rata across all reward streams (SV rewards, App Rewards and Validator Rewards), as established in CIP-0082. The funds are not pre-mined, taken from a treasury or retroactively allocated. This programmatic 5% allocation aims to create a durable, predictable funding source without the uncertainty of ad-hoc grants, market cycles, or changing Super Validators.
Funding is administered by the Canton Foundation Tech & Ops Committee, with quarterly budgeting, milestone-based payouts, public reporting, and annual independent audit.
CIP-0082 states that the purpose of the fund is to support “core R&D, dev tools, security, audits, reference implementations, DeFi app(s) liquidity seeding, critical infra.” This can be interpreted broadly as anything considered a “common good” for the ecosystem.
Anyone. If you are not currently a member of the Foundation, a member of the Tech & Ops Committee may act as a champion to guide your proposal through the process. All proposals are evaluated on merit and alignment with the fund’s scope.
Yes — provided the proposed work is designed to benefit the network as a whole and you have a champion from the Tech and Ops committee to guide you through the process.
Grants and funding are milestone-based, meaning funding is released when corresponding milestones in the grant proposal have been reached demonstrably.
Funding amounts vary by scope and impact. There is no fixed cap, but funding is allocated within a quarterly budget approved by the Foundation board, informed by the Finance Committee.
Funding is denominated and paid in Canton Coin. For projects expected to run six months or less, milestones are typically fixed in Canton Coin terms. Full details can be found in CIP-100.
When a milestone is claimed:
If milestones are not met or are disputed, funding may be paused, renegotiated, or halted.
The Tech & Ops committee can stop funding if milestones are not being met.
The fund supports projects that are for the common good of the network. In some cases, this may include some initial liquidity seeding. It is not a token incentive program.
By funding shared infrastructure and protocol work in the open, the fund reduces reliance on any single organization and broadens who contributes to Canton’s evolution over time, while maintaining high standards.
All projects will be publicly listed at: https://github.com/canton-foundation/canton-dev-fund
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]]>Meeting ID: 97350098691
https://zoom-lfx.platform.linuxfoundation.org/meetings/global-synchronizer-foundation?view=week&occurrence=1760965200
Agenda/Minutes:
https://docs.google.com/document/d/1eoezO9APN8uH00B_EPVPngOPVzu7bQGhAVnc5pvQJjc/edit?tab=t.0
Mailing list:
[email protected]
Documentation repository:
https://drive.google.com/drive/folders/1-60U_mBr-xfavKYcqKGNG9kKPA6f_syd?usp=drive_link
Any access issues please email:
[email protected]
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]]>The post Tokenomics Working Group appeared first on Canton Foundation.
]]>The post Tokenomics Working Group appeared first on Canton Foundation.
]]>The post Accountability appeared first on Canton Foundation.
]]>Agenda/Minutes:
https://docs.google.com/document/d/1klh74_vYFmtm8_5u-CoYmBf_jkP-7V7_xPMIbb–pP8/edit
Mailing list:
[email protected]
Documentation repository:
https://drive.google.com/drive/folders/1ZDJL3r5HJI18X-9sap3bzXES9ihvKdCH?usp=sharing
Any access issues please email:
[email protected]
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]]>The post The Global Synchronizer Foundation Is Now the Canton Foundation appeared first on Canton Foundation.
]]>Our mission remains the same: to support the development and governance of the Global Synchronizer, the core infrastructure that enables atomic, privacy-preserving transactions across blockchains in the Canton Network.
All existing members and Super Validators continue to be active participants. This is a change in name only, designed to better reflect our purpose and help the community connect the Foundation’s work more directly with the Canton Network.
The Canton Foundation fosters the growth of the Global Synchronizer and facilitates its governance. It ensures transparency and member participation in decisions made by the Synchronizer’s operators, helping maintain a reliable and trusted network
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]]>The post BNP Paribas and HSBC Join the Canton Foundation appeared first on Canton Foundation.
]]>NEW YORK, September 9, 2025 – The Canton Foundation today announced that BNP Paribas and HSBC have joined the Foundation as its newest members. Their participation builds on recent momentum following the additions of Goldman Sachs, Hong Kong FMI Services Limited (HKFMI) and Moody’s Ratings in March, highlighting the growing institutional trust and strategic importance of the Canton Network in the evolution of global financial infrastructure.
These new members reaffirm the financial industry’s collective effort to embrace decentralized technology that prioritizes data privacy, operational control and interoperability at scale. As tokenized finance accelerates, the inclusion of BNP Paribas and HSBC marks another key step in the Canton Network’s trajectory toward synchronizing global capital markets.
“We are thrilled to welcome BNP Paribas and HSBC to the Canton Foundation,” said Melvis Langyintuo, executive director of the Canton Foundation. “Their engagement will strengthen the governance and strategic direction of the Canton Network as we continue to establish an open, neutral and robust blockchain foundation for regulated markets.”
“Joining the Canton Foundation underscores BNP Paribas’ ongoing commitment to digital transformation and adopting distributed ledger technology to serve our evolving client needs,” said Hubert de Lambilly, Head of Global Markets Continental Europe, Middle East and Africa at BNP Paribas. “Participating in this initiative offers a valuable opportunity to collaborate with key industry players as we advance the long-term role of blockchain technologies in regulated finance.”
“Driving liquidity in digital asset markets requires ecosystems with strong connectivity and market access,” said John O’Neill, Group Head of Digital Assets & Currencies at HSBC. “Joining the Canton Foundation will help HSBC to continue to contribute to a shift toward infrastructure that can support complex, multi-asset transactions with trust and transparency.”
The Global Synchronizer provides the critical infrastructure for synchronizing digital assets across permissioned blockchains on the Canton Network. Governed by a community of industry stakeholders, including fintechs, service providers and leading global banks, the Canton Foundation ensures the decentralized and neutral governance of this pivotal component.
BNP Paribas and HSBC join a growing roster of over 30 members, including Broadridge, Tradeweb and Digital Asset, as well as recent additions Goldman Sachs, HKFMI and Moody’s Ratings. Together, these institutions are shaping a decentralized ecosystem designed to support real-world financial use cases with high regulatory and operational standards.
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About the Canton Foundation The Canton Foundation’s mission is to foster the development and growth of the Global Synchronizer in the Canton Network and facilitate its governance. The Canton Foundation provides transparency and member engagement in decisions made by the operators (Super Validators) of the Global Synchronizer to ensure a reliable, fair and trusted service for the Canton Network. Blockchain applications in the Canton Network can use the Global Synchronizer to enable atomic transactions across sovereign blockchains without sacrificing privacy or control. Learn more at https://sync.global.
About the Canton Network 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 tradfi and crypto ecosystems. Launched in July 2024, the infrastructure is governed by the Canton Foundation to ensure organizational neutrality and foster innovation across the ecosystem. Learn more at www.canton.network.
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]]>Occaecati.
Omnis.
Voluptatem fugiat.
The post 5 North Joins the Global Synchronizer Foundation appeared first on Canton Foundation.
]]>About Five North Digital
“Joining the Global Synchronizer Foundation aligns perfectly with our commitment to build robust, enterprise-grade networks,” said Yiannis Varelas, Founder of Five North Digital. “We look forward to collaborating with fellow members to push Canton’s capabilities even further.”
For more information, please visit: www.fivenorthdigital.com
About the Global Synchronizer Foundation
Global Synchronizer Foundation’s mission is to foster the development and growth of the Global Synchronizer in the Canton Network and facilitate its governance. The GSF provides transparency and member engagement in decisions made by the operators (Super Validators) of the Global Synchronizer to ensure a reliable, fair, and trusted service for the Canton Network. Blockchain applications in the Canton Network can use the Global Synchronizer to enable atomic transactions across sovereign blockchains without sacrificing privacy or control.
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