OpenAssets, Digital Asset Team Up to Tokenize Capital Markets

OpenAssets and Digital Asset have formed a partnership aimed at overhauling capital markets infrastructure, the companies announced Wednesday, deploying OpenAssets' end-to-end platform on the Canton Network to streamline how institutions handle tokenized assets.

At the center of the arrangement is OpenAssets' so-called "markets-in-a-box" solution, which is designed to give financial institutions a turnkey pathway to issue and manage their own tokenized assets without building proprietary infrastructure from scratch. The platform will integrate directly with Digital Asset's DA Registry, which serves as the underlying record-keeping layer on the Canton Network.

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The move reflects a broader push across Wall Street and institutional finance to replace aging settlement and custody systems with blockchain-based alternatives that promise faster finality, reduced counterparty risk, and greater transparency. By anchoring the offering to Canton — a privacy-enabled, interoperable blockchain network — the partnership targets institutions that require permissioned environments rather than public chains.

OpenAssets, headquartered in Pittsburgh, positions itself as infrastructure-layer provider rather than a direct financial services firm, supplying the rails that banks, asset managers, and other market participants can use to bring digital securities to market. Pairing that layer with Digital Asset's registry tooling is intended to accelerate institutional onboarding onto tokenized markets without requiring deep in-house blockchain expertise.

The announcement signals continued momentum in the institutional tokenization space, where infrastructure buildout has increasingly preceded large-scale asset issuance. Continue reading at Cryptocurrency.