The Canton Network has announced that Flowdesk is joining as a key participant in the development of an on-chain collateral and margin management solution for bilateral derivatives. This collaboration aims to address inefficiencies in the crypto derivatives market by providing a more cost-effective and regulatory-aligned solution for on-chain margining. Flowdesk’s expertise in digital asset market making and infrastructure will contribute to the design and implementation of this solution.

“We’re excited to welcome Flowdesk to the Canton Network as we expand our on-chain margining initiative,” said Georg Schneider, Head of Financial Products at Digital Asset. “Their participation highlights the growing demand for efficient and secure financial workflows.”

Flowdesk’s Head of Derivatives, Simon Nursey, expressed their excitement to be shaping the future of collateral management through the Canton Network. The solution will enable smart contract-based collateral agreements, real-time access to a shared ledger, and automation of workflows while maintaining confidentiality between counterparties. This collaboration aims to enable 24/7 margining, reduced margin cycles, and integration of stablecoins and real-world assets across decentralized financial infrastructure.

The Canton Network is the financial industry’s first public chain that offers on-chain privacy, control, and interoperability. Launched in August 2023, the Network aims to connect trading venues, brokers, institutional investors, and FMIs to deliver operational efficiency and trust in digital markets. The Network’s design allows previously siloed systems in finance to become interoperable and synchronized, fostering greater innovation and utility.