The Depository Trust & Clearing Corporation (DTCC) is set to tokenize US Treasurys on the Canton Network through its DTC subsidiary, marking a significant step in blockchain technology adoption within institutional finance. This initiative aims to accelerate settlement times, reduce costs, and broaden global access to traditional financial assets. The Canton Network, which facilitates the issuance and settlement of tokenized assets, will initially focus on US Treasurys before expanding to other DTC-eligible assets. The total value of tokenized assets has surged to $19 billion, a substantial increase from $5.6 billion at the end of 2024. Additionally, Canton Coin has seen a 27% increase over the past week, outperforming the broader cryptocurrency market.