Tiger Research: Canton Network is reshaping finance, expanding in Asia

Canton Network (CC) is evolving beyond real-world asset (RWA) tokenization to become an integral part of the financial market's structure, according to a new report from Asian Web3 research and consulting firm Tiger Research. The firm highlighted Canton's institution-focused design, which uses smart contracts to protect sensitive trade secrets while eliminating transaction risk through atomic settlement—the real-time, simultaneous exchange of assets and payments. In its report, titled 'The Capital Market Below the Iceberg: The Financial Infrastructure Canton Network is Changing,' Tiger Research noted that the network is expanding from the West into Asia. In South Korea, participants in its ecosystem include Hanwha Investment & Securities, Shinhan Investment & Securities, Shinhan Asset Management, and KB Securities. New businesses and products leveraging Canton's technology are also emerging in Japan, Hong Kong, and Singapore. The report argued that the current market focus on asset tokenization is merely the "tip of the iceberg," with a market worth trillions of dollars hidden beneath it that could fundamentally reshape traditional finance. Tiger Research stressed that for financial firms, joining this trend is "a matter of survival, not choice," urging them to learn from companies that lost their lead by hesitating to adopt the internet.