Canton's existing footprint
Canton's $6 trillion in real-world assets spans a wide range of tokenized instruments, according to the facts. That figure dwarfs most other blockchain networks. By adding DTC-custodied Treasuries, Canton extends its reach into the most liquid government debt market in the world.
The exact number of Treasuries moved and the timeline for the migration were not disclosed. DTCC, which runs DTC, has been exploring blockchain applications for years. This is the first known instance of DTC-held Treasuries being placed on Canton.
LIT's launch and fee strategy
Separately, Lighter's LIT token has started trading. The exchange sets fees at a multiple of Hyperliquid's fees. Hyperliquid has become a reference point for low-cost trading, so LIT's pricing is noticeably higher.
LIT's higher fees could reflect additional features or services, but the facts don't specify what those might be. The launch adds another trading venue to the ecosystem, one that is deliberately positioned away from the race to zero fees.
Two blockchain bets
Both moves point to a growing willingness among traditional finance players and new entrants to build on blockchain infrastructure. DTCC's decision to use Canton for Treasuries is a vote of confidence in the network's ability to handle regulated assets. LIT's fee structure suggests there's room for platforms that don't compete purely on price.
The Treasury migration, in particular, could have broader implications for settlement and collateral management, though
