OpenAssets, Digital Asset Team Up to Tokenize Capital Markets
OpenAssets is bringing its institutional platform to Canton Network, enabling firms to issue and manage tokenized assets via Digital Asset's DA Registry.
OpenAssets and Digital Asset have formed a partnership aimed at modernizing capital markets infrastructure, the two companies announced Thursday. The collaboration integrates OpenAssets' so-called "markets-in-a-box" platform with Canton Network, a blockchain network developed by Digital Asset.
Under the arrangement, financial institutions will be able to issue and manage their own tokenized assets through Digital Asset's DA Registry. The OpenAssets platform is designed to lower the technical and operational barriers that have traditionally kept institutional players from participating directly in digital asset markets.
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The Pittsburgh-based OpenAssets describes itself as a digital asset infrastructure provider focused on enabling institutional-grade issuance and asset management capabilities. By plugging into the Canton ecosystem, the company positions its clients to operate within a network already oriented toward regulated financial workflows.
The partnership reflects a broader industry trend of established financial infrastructure firms seeking to modernize legacy capital markets processes through tokenization — converting rights to real-world assets into blockchain-based digital tokens. Proponents argue the approach can improve settlement efficiency, reduce counterparty risk, and expand access to previously illiquid asset classes.
The terms of the agreement were not disclosed. Continue reading at Cryptocurrency.
