New Canton Privacy Standard Enhances Trade Data Security
Financial institutions can now use a standardized reference price to execute trades while keeping settlement positions private.
Updated on Oct. 29, 2026 in Financial Services
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The Canton Foundation is funding RedStone to develop the Canton Access and Privacy Standard (CAPS), an open-source framework for institutional market-data. This initiative enables financial institutions to access shared reference prices while keeping individual settlement values and positions confidential.
Why it matters
By decoupling price discovery from data exposure, this standard allows institutions to participate in decentralized infrastructure without compromising proprietary trade secrets. This reduces the friction of sharing sensitive market data in high-volume, tokenized asset environments.
The Canton network currently unites 600 institutions, with the underlying infrastructure facilitating over US$9 trillion in tokenized real-world assets and US$350 billion in daily US Treasury repo transactions.
The players
The Canton Foundation
A governing entity that maintains the Canton network and manages the development fund for institutional infrastructure.
RedStone
A provider of oracle and data infrastructure services specialized in delivering verifiable market data for decentralized finance.
The details
RedStone provides a shared, timestamped reference price that serves as a common benchmark for all network participants. By using this standard, institutions calculate their specific transaction values against the reference price locally, ensuring that data providers never gain visibility into private settlement amounts or underlying positions.
Timeline
October 29, 2026: Funding announcement for the development of the Canton Access and Privacy Standard.
Market Landscape
The release follows the precedent of leveraging established open-source legal frameworks to foster industry-wide adoption of infrastructure standards. The use of the Apache 2.0 open-source license marks a shift toward standardizing institutional privacy protocols across the global market.
Operators in tokenized asset markets should monitor how the CAPS framework integrates with existing proprietary reporting systems to ensure data privacy. Financial controllers should evaluate if the standardized timestamped pricing can streamline reconciliation processes for their Treasury repo operations.
The takeaway
This development marks a significant move toward solving the conflict between data transparency and institutional confidentiality in digital asset trading. Operators should track how the initial roadmap for tokenized funds and structured products evolves to determine if the standard fits their specific asset classes.
Further reading
For broader trends in infrastructure, explore the Financial Services section.
Live Poll
Do you trust that new data privacy standards will make digital asset trading safer?
