Goldman Sachs among firms joining Canton Network governance foundation

The Global Synchronizer Foundation, in conjunction with the Canton Network, announced that Goldman Sachs, Hong Kong FMI Services, and Moody’s Ratings have joined the Global Synchronizer Foundation (GSF) as its newest members. The Global Synchronizer is a cornerstone of the Canton Network’s decentralized infrastructure, providing real-time synchronization and interoperability for regulated financial assets.

These financial institutions’ inclusion reinforces the adoption of a decentralized financial infrastructure that prioritizes privacy, control, and seamless interoperability — a combination essential for regulated financial institutions.

“On behalf of the Global Synchronizer Foundation, I am pleased to welcome our new members and their valuable industry perspectives. Each of them contributes to strengthening the governance while ensuring the Global Synchronizer of the Canton Network remains an open, fair, and trusted blockchain infrastructure,” said Jorgen Ouaknine, GSF chair and global head of Innovation & Digital Assets at Euroclear, in a statement.

“Joining the Global Synchronizer Foundation aligns with our ongoing commitment to driving blockchain innovation in regulated financial markets,” said Mathew McDermott, global head of Goldman Sachs Digital Assets, in a statement. “We are excited to be part of the GSF and look forward to contributing to the Canton Network’s growing ecosystem”

“Our participation in the GSF highlights a significant step in our robust digital economy preparedness strategy,” said Fabian Astic, managing director and global head of Digital Economy at Moody’s Ratings. “This collaboration underscores our commitment to helping market participants understand the risks and opportunities of digital finance, and to meeting stakeholders where they are in their preferred digital channels. It also provides us with an opportunity to further engage with leading institutions working towards enhanced transparency, security, and scalability in the digital financial markets of the future.”

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