Cathie Wood has highlighted a notable gap in the crypto community’s understanding of the Canton Network amid DTCC’s decision to tokenize U.S. Treasuries on the platform. During a public discussion, Wood emphasized that many in the crypto space are unaware of Canton’s role and significance, framing DTCC’s move as an educational effort to raise awareness and explain the transition of asset tracking to on-chain systems.
DTCC, which manages over $100 trillion in assets, announced plans to tokenize a subset of highly liquid U.S. Treasuries on Canton, allowing ownership tracking to shift from internal databases to blockchain technology. This initiative has already facilitated intraday loans, demonstrating the potential for on-chain collateral to operate beyond traditional banking hours. Wood noted that this operational shift, rather than a mere pilot, highlights the growing importance of 24/7 trading and collateral mobility in modern financial markets.
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