Canton Weekly News — The Ecosystem Continues to Expand

A quiet week for headlines but an active one for Canton's application and validator pipeline. Two apps entered Featured App review, a perpetual futures exchange for tokenized equities and a Bitcoin Lightning bridge, while seven new validator operators lined up for approval by June 24. Canton Coin cooled off after the prior week's $355M funding spike, with the token down roughly 10% on the week and trading volume returning to normal levels.

Canton Activity Metrics

Apps on Canton

New apps submitted: a perps exchange and a Bitcoin Lightning bridge enter Featured App review

Two applications filed for Featured App status this week, both still awaiting Foundation review:

Edel Markets (submitted June 16) is a perpetual futures exchange for tokenized equities and commodities, built on Canton by Edel Finance (a Titan Labs product). The detail worth noting: Edel says it has already secured 25M CC from Cumberland, the trading firm tied to DRW, via Cashen to meet its locking requirement, and claims roughly 5,000 users already live on its EDELx product. Mainnet launch is targeted for Q3. Canton Foundation tokenomics list

Tritemius (resubmitted June 18) runs what it calls the first and only live exchange connecting Bitcoin's Lightning Network to Canton: users pay a Lightning invoice and receive Canton Coin directly, or send CC and receive Bitcoin back, plus a consumer wallet. Every swap pulls external Bitcoin capital onto Canton. The Spain-based firm is already live on mainnet in beta and has locked 5M CC. It resubmitted after correcting its reward mechanism at the June 18 Tokenomics Committee office hours.Canton Foundation tokenomics list

Validators & Super Validators

New validator submissions: 7 applicants pending implicit approval June 24

Seven new validator operator applications were posted to the Canton Foundation tokenomics list, with implicit approval landing June 24 absent objections. The roster:

• Closelooped: connective-intelligence platform building an agentic knowledge marketplace that uses Canton as the settlement layer for agent-to-agent payments.
• Dexent LTD: professional validator with 7+ years across 20+ networks (Solana, NEAR, Sui, Sei, IOTA); plans an on-chain analytics platform for Canton.
• HealRWorld Inc: sustainability-data company building a privacy-preserving ESG “Business Passport” for SMEs on Canton.
• NOWNodes : RPC infrastructure provider onboarding at the request of ecosystem partners.
• Noves, Inc: existing Canton data operator adding a second validator to support featured apps.
• RD SwapSo / bredit.xyz: institutional credit engine for Bitcoin treasury companies.
• Zeeve: enterprise blockchain infrastructure provider aiming to become a Node-as-a-Service operator for Canton.

Canton Foundation tokenomics list

Quick Hits

• Canton Network marked 117 governance proposals (CIPs) approved to date through its open draft-review-supermajority process. Canton Network
• The Canton Foundation published a guide for builders on what changes when you come to Canton from Ethereum or Solidity. Canton Foundation
• The Canton Foundation released a breakdown of how Canton's holding fees work on active contracts. Canton Foundation

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