Tradeweb completes on-chain U.S. Treasury trade on Canton Network
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Tradeweb Facilitates Landmark On-Chain U.S. Treasuries Transaction on the Canton Network
July 1, 2026 8:00 AM EDTPioneering transaction executed on Tradeweb marks progress toward DTCC's Tokenization Services launch
NEW YORK--(BUSINESS WIRE)-- Tradeweb, a global leader in electronic trading across asset classes, today announced the successful completion of a landmark real-time transaction involving tokenized U.S. Treasuries. Executed on Tradeweb, the trade paired an on-chain U.S. Treasury with tokenized cash (USDCx), while leveraging the Canton Network's synchronized settlement capabilities.
Franklin Templeton transferred a tokenized U.S. Treasury security to Virtu Financial in exchange for USDCx. Tradeweb provided the execution platform and price discovery, while the Canton Network enabled... More
