Alchemy brings institutional-grade infrastructure to the Canton Network

Institutional finance is moving onchain. Over the past 18 months, the Canton Network has emerged as the public blockchain infrastructure where that shift is actually happening, not in theory, but in production. Goldman Sachs, Broadridge, BNP Paribas, DTCC, and hundreds of other institutions are already using Canton to tokenize, settle, and move real assets at scale, processing trillions of dollars in tokenized securities, repos, and funds.

Today, we're bringing Alchemy's full infrastructure platform to the Canton Network.

Why Canton, and Why Now

Canton is where real-world finance and institutional-grade crypto operate together to mobilize onchain assets 24/7, in a safe, regulatory-compliant manner. Canton is neither TradFi or DeFi - it's 'AllFi'. Canton was designed with privacy as a first principle, allowing participants to configure exactly who sees what, by design. Participants only see the data they're party to. Applications interoperate atomically through Canton's Global Synchronizer without exposing sensitive positions or counterparty information.

That architecture has attracted a who's who of global finance. DTCC is building its tokenized U.S. Treasury infrastructure on Canton. Broadridge processes over $50 billion in daily repo volume through its Distributed Ledger Repo platform on the network. Goldman Sachs' GS DAP, BNP Paribas' Neobonds, and dozens of other institutional applications are live and in production.

The network has grown from 24 validators at launch to 800+ today, with nearly 400 ecosystem participants and over $8 trillion in tokenized assets issued or processed across the platform.

This is the environment where institutional finance is choosing to build. And as that adoption accelerates, the infrastructure demands are intensifying.

What Alchemy Brings to Canton

We've spent more than eight years building the infrastructure that powers the most demanding onchain applications in the world. Our platform processes billions of requests daily, maintains 99.99% uptime, and has been battle-tested through every major market event, from the largest crypto liquidation in history ($19B in 24 hours) to the launch of J.P. Morgan's first public blockchain deposit token.

Alchemy-managed Canton Infrastructure

Canton doesn't work like other chains. There's no single global state replicated across every node. Each institution runs its own Participant Node, storing private contract data and executing Daml logic, wrapped by a Validator Node that connects it to the decentralized Global Synchronizer for cross-application settlement and Canton Coin operations. Only your parties see your data.

We operate both layers end-to-end. Each deployment includes redundant Participant Nodes and Validator Nodes across three availability zones, with provisioning through DevNet, TestNet, and MainNet, Super Validator sponsorship, DAR (Daml Archive) management, and synchronizer upgrades handled for you. All you need is to onboard your external parties and transact across the Canton Network, from day one.

Institutional Ledger and Utilities APIs

With no universal RPC endpoint on Canton, data access is scoped to your node. We expose two purpose-built API layers:

• Ledger API: served by the Participant Node, this is the primary interface for reading and writing to the ledger. Applications connect as Daml parties to submit commands, query active contract sets, and stream transaction updates via gRPC or JSON, with party-scoped access control.

• Utilities API: built on Digital Asset's Canton Network Utilities and the CIP-56 token standard, this provides the higher-level tokenization and asset management layer: asset issuance and registry, verifiable credentials, token lifecycle management, and composable workflows across participants and applications, without building from scratch.

Both integrate into the same developer experience used across Ethereum, Solana, Base, and 30+ other networks on our platform.

Gas Management

Canton uses Canton Coin for network fees, converted into bandwidth "Bytes" through a gas station mechanism. For institutions that need to transact on Canton without managing native token positions, our gas abstraction infrastructure handles this seamlessly, the same capability that enabled J.P. Morgan to deploy onchain deposits without holding crypto on its balance sheet.

Built for How Canton Actually Works

Canton's privacy model means validators process transactions in isolation. Its Daml-based smart contract layer requires different tooling than Solidity. Its synchronizer architecture, where applications run in private sync domains and bridge to the Global Synchronizer for cross-app composability, demands infrastructure that understands the nuances of how data flows through the network.

We've invested in building Canton-native infrastructure from the ground up, the same approach we took when we rearchitected our Solana platform rather than just translating EVM tooling. The result is infrastructure that works the way Canton was designed to work, not a generic blockchain node strapped onto a financial network.

One Platform Across Every Chain

For institutions already building on public blockchains, Alchemy on Canton means one platform, one dashboard, one set of APIs, and one support team across their entire on-chain footprint. A bank using Alchemy for Ethereum or Base today can extend that same infrastructure to Canton without onboarding a new vendor, negotiating a new contract, or training a new team.

This matters. Institutional adoption doesn't happen one chain at a time. It happens when the operational complexity of going multi-chain collapses into something manageable. That's what we provide.

Getting Started

We're working with Digital Asset and the Canton Foundation to onboard institutions onto Alchemy-managed Canton infrastructure. Whether you're an existing Canton participant looking for managed node services, a financial institution evaluating Canton for the first time, or a builder exploring Canton's application layer, our team is ready to help.

Contact us to learn more about Alchemy's Canton infrastructure offering, or reach out to your existing Alchemy account team to add Canton to your platform.