cryptonews.net
Transcend, a collateral optimization technology provider, announced a connection to the Canton Network, a blockchain platform for institutional finance. The integration allows real-time movement of tokenized assets across markets and counterparties.
The company said clients can now transfer collateral and cash instantly, using both traditional instruments and tokenized assets. The system is designed to improve efficiency in liquidity management without changing existing workflows.
As part of the development, Transcend is building connectors between Canton nodes and internal client systems. These connectors use two-way APIs to translate operations between decentralized finance and traditional financial infrastructure.
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