The Canton Foundation announced that BNP Paribas and HSBC have joined as its newest members. Their participation builds on recent momentum following the additions of Goldman Sachs, Hong Kong FMI Services Limited (HKFMI) and Moody’s Ratings in March, highlighting the growing institutional trust and strategic importance of the Canton Network in the evolution of global financial infrastructure.
As tokenized finance accelerates, the inclusion of BNP Paribas and HSBC marks another key step in the Canton Network’s trajectory toward synchronizing global capital markets.
Melvis Langyintuo, executive director of the Canton Foundation, said in a statement: “Their engagement will strengthen the governance and strategic direction of the Canton Network as we continue to establish an open, neutral and robust blockchain foundation for regulated markets.”
Hubert de Lambilly, head of Global Markets Continental Europe, Middle East and Africa at BNP Paribas, said in a statement: “Participating in this initiative offers a valuable opportunity to collaborate with key industry players as we advance the long-term role of blockchain technologies in regulated finance.”
“Driving liquidity in digital asset markets requires ecosystems with strong connectivity and market access,” said John O’Neill, Group head of Digital Assets & Currencies at HSBC, in a statement. “Joining the Canton Foundation will help HSBC to continue to contribute to a shift toward infrastructure that can support complex, multi-asset transactions with trust and transparency.”
The Global Synchronizer provides the critical infrastructure for synchronizing digital assets across permissioned blockchains on the Canton Network. Governed by a community of industry stakeholders, including fintechs, service providers and global banks, the Canton Foundation ensures decentralized and neutral governance.
BNP Paribas and HSBC join a growing roster of over 30 members, including Broadridge, Tradeweb and Digital Asset, along with the recent additions. Together, these institutions are shaping a decentralized ecosystem designed to support real-world financial use cases with high regulatory and operational standards.