LayerZero has integrated with the institution-focused blockchain Canton (CC), becoming the first interoperability protocol to go live on the network, per a press release shared with The Defiant.
The integration, announced today, March 26, lets traditional financial institutions on Canton route tokenized assets, including securities, digital bonds, and equities, across the more than 165 public blockchains supported by LayerZero, while maintaining their compliance and confidentiality requirements, according to the release.
Also part of the integration, investors can now use stablecoins on external public chains to fund primary purchases of Canton-based tokenized real-world assets (RWAs), while Canton-native tokenized instruments can move into other ecosystems for secondary market trading.
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