BREAKING: Goldman Sachs-Backed Canton Crypto Chain Integrates LayerZero Interoperability Protocol

The institutional blockchain Canton Network—backed by Goldman Sachs, Microsoft, and DTCC—has activated LayerZero as its first live interoperability protocol, enabling regulated financial firms to route tokenized assets across more than 165 public blockchains while maintaining compliance. This move effectively opens a direct channel between Wall Street’s tokenization infrastructure and the entirety of onchain liquidity, signaling a major institutional bridge to decentralized finance. The Canton Network already processes over $350 billion in daily U.S. Treasury repo volume, with testing participants including Goldman Sachs and BNP Paribas.

Routing $350 Billion in Daily Repo Volume Across 165 Chains

Canton crypto core infrastructure, built by Digital Asset on the DAML smart contract language, already handles serious institutional volume. Broadridge’s distributed ledger repo platform processes between $300 billion and $400 billion in daily U.S. Treasury repo transactions through Canton — establishing it as operating infrastructure, not a proof-of-concept.

Goldman Sachs‑backed Canton Chain taps LayerZero

"@CantonNetwork has already built the rails for traditional finance, processing more than $350 billion in daily U.S. Treasury repo volume"

– Bryan Pellegrino, CEO @LayerZero_Core

This move is a step toward… pic.twitter.com/6IJqAaukMs

The LayerZero integration now sits on top of those rails. LayerZero Labs CEO Bryan Pellegrino framed the division of labor precisely: “Canton has already built the rails for traditional finance, processing more than $350 billion in daily U.S. Treasury repo volume. LayerZero’s job is to make sure those assets are available in every global market, across blockchains.”

The distinction matters technically. LayerZero does not operate as a traditional bridge, it is designed to make any token or application natively compatible with any blockchain, avoiding the custodial risk that has plagued earlier cross-chain solutions. For Canton’s compliance-focused participants, that architecture matters as much as the connectivity itself.

Testing has already involved Goldman Sachs, BNP Paribas, DRW, QCP, Liberty City Ventures, and Tradeweb, the same institutions that underwrote Digital Asset’s $135 million funding round in June 2025, led by DRW Venture Capital and Tradeweb Markets with participation from Circle Ventures and Citadel Securities.