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FalconX and Interstice Launch Cross-Chain Bridge Linking Canton to Ethereum, Solana
Interstice Digital has partnered with FalconX to launch a non-custodial cross-chain swap engine linking the Canton Network with Ethereum, Solana, and Robinhood Chain. Announced Tuesday, the engine allows assets to move across all four networks without Interstice taking custody or executing trades on users' behalf.
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Interstice Digital has partnered with FalconX to launch a non-custodial cross-chain swap engine linking the Canton Network with Ethereum, Solana, and Robinhood Chain. Announced Tuesday, the engine allows assets to move across all four networks without Interstice taking custody or executing trades on users’ behalf.
FalconX Supplies Liquidity for the Bridge
FalconX, a digital asset prime brokerage serving institutional clients, provides liquidity for the system, which is designed to connect Canton’s institutional tokenized-asset markets with trading activity on public blockchains like Ethereum and Solana. Canton itself is built specifically for institutional finance, featuring privacy and permissioning controls for regulated transactions, with major backers including JPMorgan, Goldman Sachs, and BNP Paribas already part of its ecosystem.
Interstice, a subsidiary of Everyrealm, is backed by investors including a16z Crypto, Coinbase Ventures, Galaxy, and Brevan Howard. The company has not disclosed which specific assets are initially supported or shared transaction volume data.
Part of Broader Institutional Push on Canton
The launch comes as more traditional finance players adopt Canton for tokenized settlement. In July, Tradeweb executed an onchain US Treasury trade where Franklin Templeton transferred a tokenized Treasury to Virtu Financial in exchange for tokenized cash, settled in real time using the USDCx stablecoin.
Other participants in Canton’s growing ecosystem include Societe Generale, which has deployed euro and dollar stablecoins for collateral and settlement, Visa, which has tested private stablecoin settlement, and a Japanese government bond collateral pilot involving Mizuho and Nomura.
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Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
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