Temple Digital Group has launched a new private trading platform for institutions, enabling continuous 24/7 trading of digital assets. Built on the Canton Network, this platform employs a central limit order book and a non-custodial market structure. The announcement was made on March 15, 2024, and highlights the growing trend of institutional adoption of cryptocurrency trading.
The platform facilitates trading in both cryptocurrencies and stablecoins. It allows institutions to transact directly with approved counterparties while ensuring privacy and regulatory compliance. Participants retain custody of their assets, eliminating the need for a central intermediary. This structure aims to enhance security and trust among institutional investors.
The system features a price-time priority central limit order book with sub-second matching capabilities. Additionally, it includes tools for execution monitoring and transaction cost analysis, specifically designed for institutional trading desks. Currently, the platform is onboarding users, which include asset managers, market makers, and financial institutions. Plans are also in place to support tokenized equities and commodities by 2026.
The Canton Network has gained traction among institutional investors, particularly following its recent initiatives in late 2025. Companies have begun deploying tokenized funds and financing infrastructure, with one notable example being a tokenized US government money market fund that holds approximately $828 million in assets. This fund is now being utilized as collateral within the Canton ecosystem, showcasing the network’s increasing relevance in institutional finance.
On December 9, 2025, a collaboration between Digital Asset and several leading financial institutions successfully completed a second round of trials on the Canton Network. The results demonstrated that tokenized Treasurys could be reused as collateral in real-time transactions. This breakthrough illustrates how blockchain technology can streamline operations in traditional collateral and financing markets.
The growing interest in the Canton Network has been reflected in its recent performance, with its value increasing by more than 40% in just two weeks and over 80% in the past month, according to data from CoinGecko. This surge highlights the potential for blockchain-based solutions to reshape the landscape of institutional trading.
As the cryptocurrency market continues to evolve, platforms like the one launched by Temple Digital Group are positioned to play a significant role in facilitating secure and efficient trading for institutions. The ability to operate around the clock, combined with enhanced privacy and asset custody features, presents a compelling proposition for investors navigating the complexities of digital asset trading.
