{ "id": 48650, "date": "2025-09-10T02:16:28", "date_gmt": "2025-09-09T19:16:28", "guid": { "rendered": "https:\/\/hbbgroup.net\/vi\/hsbc-bnp-paribas-back-canton-foundation-in-institutional-tokenization-push\/" }, "modified": "2025-09-10T02:16:28", "modified_gmt": "2025-09-09T19:16:28", "slug": "hsbc-bnp-paribas-back-canton-foundation-in-institutional-tokenization-push", "status": "publish", "type": "post", "link": "https:\/\/hbbgroup.net\/en_us\/hsbc-bnp-paribas-back-canton-foundation-in-institutional-tokenization-push\/", "title": { "rendered": "HSBC, BNP Paribas back Canton Foundation in institutional tokenization push" }, "content": { "rendered": "
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Two major global banks \u2014 BNP Paribas and HSBC \u2014 have joined the Canton Foundation, the development organization of the tokenization-focused Canton Network, underscoring continued institutional interest in real-world asset applications of blockchain technology.<\/p>\n

The foundation announced Tuesday that BNP Paribas and HSBC are now members, alongside recent entrants Goldman Sachs, Hong Kong FMI Services and Moody\u2019s Ratings. With more than 30 members, the Canton Foundation provides governance and strategic direction for the network while advancing blockchain-based financial use cases.<\/p>\n

Canton Network is a blockchain designed for institutional finance, with a core focus on real-world asset (RWA) tokenization, regulatory compliance and interoperability.\u00a0<\/p>\n

BNP Paribas\u2019 head of global markets, Hubert de Lambilly, said the move reflects the bank\u2019s commitment to adopting distributed ledger technology \u201cto serve our evolving client needs.\u201d<\/p>\n

BNP\u2019s involvement builds on its prior backing of Digital Asset<\/a>, the company behind the Canton Network. The French bank participated in Digital Asset\u2019s $135 million funding round, which the firm said would accelerate institutional adoption and decentralized finance initiatives on Canton.<\/p>\n

HSBC\u2019s head of digital assets and currencies, John O\u2019Neil, said joining the foundation would help foster the blockchain industry\u2019s maturation and support the creation of real liquidity in digital asset markets.<\/p>\n

HSBC has been active across blockchain initiatives, with reports indicating it is preparing to apply for a stablecoin license in Hong Kong<\/a> under the city\u2019s new regulatory regime. HSBC Hong Kong is also exploring blockchain applications in custody, tokenization and bond issuance, according to previous disclosures.<\/p>\n

Source: <\/em>Cointelegraph<\/em><\/a><\/figcaption><\/figure>\n

Related: <\/strong><\/em>VC Roundup: VCs fuel energy tokenization, AI datachains, programmable credit<\/strong><\/em><\/a><\/p>\n

Institutional interest in tokenized RWAs grows<\/h2>\n

Institutional demand for tokenized real-world assets is shaping crypto\u2019s 2025 narrative<\/a>, marking a sharp departure from earlier cycles dominated by retail speculation in the 2017 and 2021 bull markets.<\/p>\n

The World Economic Forum (WEF) recently highlighted<\/a> the trend, noting that the industry now benefits from a unique mix of institutions, regulators and technology companies working together to \u201cbuild trusted, interoperable frameworks.\u201d If successful, the WEF said, this collaboration could allow asset tokenization to fulfill its long-promised potential.<\/p>\n

Source: <\/em>SMQKEDQG<\/em><\/a><\/figcaption><\/figure>\n

Regulation is also playing a decisive role. In the United States, passage of the stablecoin-focused GENIUS Act<\/a>, along with House of Representative approvals of market structure and anti-CBDC bills, has bolstered confidence among major financial institutions exploring blockchain adoption.<\/p>\n

So far, tokenization efforts have concentrated on private credit markets<\/a> and Treasury bills. But the scope is expanding, with experiments in equities<\/a>, commodities<\/a> and energy infrastructure<\/a> underway.\u00a0<\/p>\n

As Cointelegraph recently reported<\/a>, digital asset exchange Kraken has engaged with the SEC\u2019s crypto task force to discuss tokenization, underscoring how the sector\u2019s future is increasingly tied to regulatory dialogue.<\/p>\n