Interstice Digital has rolled out a non-custodial cross-chain swap engine in partnership with digital-asset prime broker FalconX, creating a direct bridge between the Canton Network and three major public chains: Ethereum, Solana and Robinhood Chain. Announced Aug. 18, the engine enables users to swap assets across those four networks without Interstice ever taking custody of funds or executing transactions on users’ behalf. FalconX supplies liquidity for the swaps, and Canton has named the product a Featured App on its network. Why this matters Interstice says the engine is designed to route tokenized assets issued or traded through Canton to liquidity pools on public blockchains—opening Canton’s institution-focused market to a broader digital-asset ecosystem. FalconX’s role as liquidity provider targets the growing need for institutional-grade corridors that move capital across different on-chain ecosystems without centralized custody intermediaries. What Canton brings Canton is promoted by Interstice as a public, permissionless blockchain built for capital markets, offering privacy and permissioning controls geared to regulated transactions. Financial institutions use Canton for tokenized securities, collateral and blockchain-based settlement. Interstice CEO Janine Yorio highlighted the scale of activity on Canton, saying the network supports more than $9 trillion in tokenized real-world-asset flow monthly. Public-chain reach and scale Interstice pointed to the scale and market access of the connected public chains: - Robinhood: 28 million funded accounts and $369 billion in platform assets, with Robinhood Chain hitting 100 million transactions faster than any other EVM network, per Interstice. - Solana: 167 million monthly active addresses in April 2026 and $650 billion of stablecoin transaction volume in February (figures cited by Interstice). - Ethereum: described as the deepest developer ecosystem; Robinhood Chain is built on Ethereum technology. The company did not disclose which assets will be supported at launch or share early transaction-volume figures for the engine. Institutional thrust and partner backing Interstice is a wholly owned subsidiary of Everyrealm and is backed by heavyweight crypto and financial investors including a16z Crypto, Coinbase Ventures, Galaxy and Brevan Howard. FalconX’s Head of Trading Strategy Hassan Bassiri framed the product as infrastructure institutions need as demand for digital assets grows and firms require reliable ways to move capital across ecosystems. Canton’s expanding institutional footprint The swap engine launch comes as Canton continues to rack up live and trial activity across government securities, stablecoins and institutional collateral: - Earlier in August, four Mitsubishi UFJ Financial Group entities kicked off a proof-of-concept testing Japanese government bond repo transactions on Canton. MUFG, Mitsubishi UFJ Morgan Stanley Securities, Mitsubishi UFJ Trust and Banking, and MUFG Bank are working with Digital Asset and Progmat to test automated processing and near real-time, 24/7 settlement as part of Japan’s Financial Services Agency-backed Payment Innovation Project. - A prior Japanese trial with JASDEC, Mizuho, Nomura and Digital Asset explored whether bond-linked rights and book-entry updates could be processed on Canton within Japan’s legal framework. - In July, Tradeweb said it executed an on-chain U.S. Treasury trade on Canton where Franklin Templeton transferred a tokenized Treasury to Virtu Financial in exchange for tokenized cash (USDCx). Tradeweb handled execution and price discovery while Canton synchronized settlement in real time. Societe Generale, Digital Asset and Blockdaemon also participated. Societe Generale has separately issued euro- and dollar-denominated stablecoins on Canton for tokenized collateral, repo financing and institutional settlement. - Visa has tested private stablecoin settlement on Canton and added the network to its stablecoin settlement program after joining Canton as a Super Validator. A July report said Visa’s settlement pilot supported nine blockchains and had reached a $7 billion annualized run rate by March. Funding and momentum behind Canton Digital Asset—the company behind Canton—has drawn major institutional capital. In June it raised $355 million in a round led by a16z Crypto (which contributed $100 million), with participation from Citadel Securities, Apollo, BNP Paribas, CME Ventures, Coinbase Ventures, HSBC, Optiver and the Abu Dhabi Investment Authority. That round followed a $135 million strategic financing that included Goldman Sachs, Citadel Securities, DTCC, BNP Paribas and Tradeweb Markets. The funding is intended to expand Canton’s partnerships, acquisitions and ecosystem growth. Other Canton use cases Work on Canton also includes placing the iBoxx U.S. Treasuries index on-chain (S&P Dow Jones Indices and Kaiko), and multiple projects that explore tokenized Treasury products and institutional collateral. In Asia, projects around tokenized Japanese government bonds continue to examine repo mechanics, stablecoin settlement, T+0 processing and 24-hour access. Bottom line The Interstice–FalconX swap engine links a capital-markets-focused chain to broad public liquidity pools without custodial intermediaries—an architecture aimed squarely at institutional participants seeking seamless cross-ecosystem movement of tokenized assets. As Canton’s on-chain trials and institutional funding accelerate, this integration could become an important piece of the infrastructure connecting regulated markets to public crypto liquidity. Read more AI-generated news on: undefined/news