Canton Weekly News — A Featured Spot on Canton

Canton generated $60.2 million in network fees over the past 30 days, more than Tron and Ethereum combined, even as the token slipped about 10% on the week. We also marked a milestone of our own: the Interstice Digital Cross-Chain Swap Engine was recognized as a featured app on Canton. And on the retail side, Korea's Bithumb listed Canton Coin in its own market, the token's first major Asian retail venue. Builder funding kept flowing too, from Palladium Labs' new Genesis Fund to Panther Hollow Ventures' first accelerator cohort.

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Interstice Digital Cross-Chain Swap Engine named a featured app on Canton. The Interstice Digital Cross-Chain Swap Engine has been recognized as a featured app on the Canton Network. The engine swaps assets between Canton and Ethereum without sacrificing compliance: every swap is non-custodial and atomic, and counterparties on both sides are verified at the individual, business, and wallet level.

The designation positions Interstice Digital as a trusted gateway between Canton and the broader digital asset ecosystem, a piece of infrastructure that grows more relevant as institutional adoption of the network accelerates. Interstice Digital

Canton tops the blockchain fee table with $60.2M in 30 days. Canton Network, the privacy-enabled institutional blockchain built by Digital Asset, generated $60.2 million in fees over the trailing 30 days, placing it ahead of Tron and far above Ethereum by that measure, according to DefiLlama data. Tron took in $27.6 million over the same window and Ethereum $11.3 million, while Canton's single-day fees ran around $1.84 million. That puts Canton fourth overall on DefiLlama's fee leaderboard, behind only Tether, Circle's USDC, and the Hyperliquid exchange, with all-time cumulative fees now near $488.9 million. The figure lands the same month Digital Asset closed a $355 million round backed by HSBC, Apollo, BNP Paribas, CME, and Tradeweb, and it is the clearest sign yet that real institutional volume, not just announcements, is moving across the network. The Defiant / DefiLlama

Bithumb lists Canton Coin in its Korean won market. Bithumb added Canton Coin to its Korean won market, letting South Korean retail investors trade the token directly against the won (a CC/KRW pair) starting June 24. Bithumb is South Korea's second-largest exchange, and the listing is Canton Coin's first major foothold in an Asian retail market, where buyers previously needed dollar pairs or direct validator participation to get exposure. The exchange set a reference price of 234 won and allowed limit orders only for roughly the first two hours of trading. CC traded near $0.154 around the listing at a market cap of about $6 billion, though the move stalled within days and the token drifted back toward $0.150. The Defiant / crypto.news

Funding & Deals

Palladium Labs opens a $1.5M Genesis Fund for Canton builders. Palladium Labs announced the launch of the Genesis Fund, a 10 million CC initiative worth approximately $1.5 million, designed to support developers, researchers, and startups building on the Canton Network. The fund is organized into tiers so teams at different stages can apply, and it backs work across four areas: financial applications, infrastructure and developer tooling, integrations and ecosystem services, and research. Beyond cash, selected teams get technical guidance, product feedback, and introductions across the Canton ecosystem. Founder and CEO Akash Gaurav framed it as a bet on the people who will build the next wave of financial apps on Canton; applications are open at palladiumlabs.org/grant. Chainwire / Crypto Briefing

Panther Hollow Ventures announces a Canton Accelerator. Panther Hollow Ventures has announced the first cohort of its Canton Accelerator, a program designed for founders building within the Canton ecosystem.

The firm says the accelerator will provide participating founders with mentorship, strategic guidance, industry connections, and access to investors and ecosystem partners. Panther Hollow Ventures

Quick Hits

• Canton Coin's post-Bithumb rally stalled near $0.155 and the token has drifted back to about $0.1505, leaving it down roughly 10% on the week at a market cap near $5.85 billion. CoinGecko / Invezz
• Canton's all-time cumulative network fees have passed $488.9 million, and it now ranks fourth on DefiLlama's overall fee leaderboard, behind only Tether, Circle's USDC, and Hyperliquid. The Defiant / DefiLlama
• RWA.xyz still attributes roughly $344.8 billion of represented real-world asset value to Canton, most of it Broadridge's tokenized repo platform (latest available figure, mid-May). RWA.xyz / Messari