Blockchain infrastructure firm Kresus has announced a partnership with Canton Network to assist financial institutions in transitioning blockchain projects from pilot phases to full production systems. Kresus will provide Canton Network with enterprise-grade wallets, tokenization tools, and its middleware KITE. South Korea's Hanwha Investment & Securities, a flagship client of Kresus, is leveraging this technology to build a private asset tokenization platform, having invested $13 million in Kresus earlier this year. The collaboration aims to address the significant gap between the current proof-of-concept stage of blockchain applications at many Wall Street institutions and the expected market demand. This partnership seeks to facilitate the deployment of institutional-grade blockchain projects into real-world production environments.
Kresus Partners with Canton Network to Advance Blockchain Projects
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