TechFlow news, October 23: Adoption of the Canton Network is accelerating rapidly, with data showing its privacy-first infrastructure progressively expanding to meet institutional-grade demands. According to the latest "State of the Network" report, daily transactions on the Canton Network have surpassed 600,000, marking a shift from pilot phases to substantial institutional adoption. The number of validating nodes has grown from an initial 24 to over 575, attracting traditional financial institutions such as Goldman Sachs, HSBC, and BNP Paribas, alongside leading projects including Circle and Chainlink, to participate in ecosystem development. Registered wallets have reached a cumulative total of 28,000, with primary growth driven by institutional accounts and asset management activities, indicating the formation of a genuine commercial application ecosystem. This represents a critical turning point from pilot deployment to real-world financial operations.
Positioned as a "global financial operating system," Canton is drawing increasing participation from traditional financial institutions and application developers. Its unique privacy protection and compliance design enable institutions to securely collaborate on shared blockchains without compromising data privacy or regulatory requirements, gradually shaping a new paradigm of "24/7 institutional financial markets."
