Key Takeaways
- • PCP (Programmable Credit Protocol) announced partnerships with Digital Asset and the Canton Foundation to enable custody-native lending on the Canton Network, allowing institutions to borrow against tokenized assets without moving collateral from regulated custody.
- • The collaboration expands financing capabilities across Canton-based assets including tokenized securities, funds, deposits, Canton Coin, and Bitcoin (CBTC), targeting banks, hedge funds, market makers, and other institutional participants.
- • The partnership transforms Canton from a settlement network into comprehensive financial market infrastructure by adding a credit layer that enables tokenized assets to function as working collateral while maintaining regulatory control and capital efficiency.
- • The collaboration was announced during Abu Dhabi Finance Week 2025 by Rico van der Veen (CEO of PCP), Melvis Langyintuo (Executive Director at Canton Foundation), and Bayo Atkins (Sales Director MENA at Digital Asset).
Summary
PCP (Programmable Credit Protocol), a credit orchestration platform for tokenized assets, has established partnerships with Digital Asset and the Canton Foundation to introduce institutional credit infrastructure to the Canton ecosystem. Announced on April 9, 2026, the collaboration enables custody-native lending — allowing market participants to access credit directly against assets held on the Canton Network without requiring collateral to leave regulated custody arrangements.
The partnership addresses a critical gap in tokenized asset infrastructure by enabling institutions to borrow and lend against a broad range of Canton-based assets. These include tokenized securities, fund shares, deposits, Canton Coin, and Bitcoin (CBTC). The custody-native structure is designed to appeal to banks, hedge funds, market makers, and other sophisticated market participants that require robust institutional controls and regulatory compliance.
According to Rico van der Veen, CEO of PCP, the initiative reflects a fundamental shift in how tokenized assets function within the ecosystem. "Every asset on Canton should be financeable — not just transferable," he stated, emphasizing that institutions require the ability to borrow against tokenized Treasuries, fund shares, Canton Coin, and Bitcoin while maintaining institutional controls. By integrating a credit layer, the partnership aims to elevate Canton from a settlement-focused network to full financial market infrastructure.
The Canton Foundation's Executive Director, Melvis Langyintuo, underscored that tokenization alone is insufficient to establish functional markets. "Tokenization alone does not create markets — financing does," Langyintuo stated, highlighting how PCP's integration allows assets to function as working collateral while remaining in regulated custody, thereby improving capital efficiency and preserving institutional control. The announcement was confirmed during Abu Dhabi Finance Week 2025 and represents a coordinated effort among three key stakeholders to expand the Canton Network's institutional utility.
The partnership addresses a critical gap in tokenized asset infrastructure by enabling institutions to borrow and lend against a broad range of Canton-based assets. These include tokenized securities, fund shares, deposits, Canton Coin, and Bitcoin (CBTC). The custody-native structure is designed to appeal to banks, hedge funds, market makers, and other sophisticated market participants that require robust institutional controls and regulatory compliance.
According to Rico van der Veen, CEO of PCP, the initiative reflects a fundamental shift in how tokenized assets function within the ecosystem. "Every asset on Canton should be financeable — not just transferable," he stated, emphasizing that institutions require the ability to borrow against tokenized Treasuries, fund shares, Canton Coin, and Bitcoin while maintaining institutional controls. By integrating a credit layer, the partnership aims to elevate Canton from a settlement-focused network to full financial market infrastructure.
The Canton Foundation's Executive Director, Melvis Langyintuo, underscored that tokenization alone is insufficient to establish functional markets. "Tokenization alone does not create markets — financing does," Langyintuo stated, highlighting how PCP's integration allows assets to function as working collateral while remaining in regulated custody, thereby improving capital efficiency and preserving institutional control. The announcement was confirmed during Abu Dhabi Finance Week 2025 and represents a coordinated effort among three key stakeholders to expand the Canton Network's institutional utility.
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