The Canton Network has announced the inclusion of B2C2, Cumberland DRW, FalconX, and GSR as new design partners in its on-chain collateral initiative for bilateral derivatives. These firms join existing partners Flowdesk and QCP to support the development of an application designed to streamline collateral and margin management. Scheduled to launch in Q3, the application will be open to all OTC bilateral derivatives traders.
The collaboration aims to address inefficiencies in the crypto derivatives market by offering a cost-effective alternative to current over-collateralised and tri-party agent models. Using the Canton Network’s privacy-preserving architecture, the solution will enable automated smart contract-based collateral agreements compliant with ISDA CSA standards. Key features include real-time data sharing among transaction parties, instant tokenised collateral pledging, and 24/7 margining capabilities, offering improved operational efficiency, risk reduction, and support for novel collateral types.
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