Global Settlement Network (GSN) today announced its approval as both a Validator and Featured Application on the Canton Network. The firm is also deploying GSX ID, its credentialing platform, on Canton to enable advance institutional adoption on the network. Typically, network participants must repeat compliance checks across every counterparty, and GSX ID will streamline this process on Canton.
GSN to start contributing to Canton Network
The Canton Network is a leading public blockchain for regulated finance. The network already supports tokenized assets worth trillions, enabling large-scale transaction flows across global institutions. By joining in as a validator, GSN is contributing to Canton network’s infrastructure, cementing its long-term vision of securing and enabling interoperable capital markets.
As part of this partnership, GSX ID is now live within the expanding Canton ecosystem, enabling its participants to issue and carry verifiable compliance credentials onchain. These credentials cover KYC and AML verification, KYB onboarding, bad-actor screening, and investor-qualification requirements.
In practice, this means institutions can verify once and have that status recognized across applications operating within Canton.
The next phase of this market will not be about new chains, but about making existing systems interoperable and compliant by default,” said Kyle Sonlin, Co-Founder & President at Global Settlement Network. “Right now, institutions are repeating the same verification process every time they transact. That simply doesn’t scale, and it’s one of the main reasons tokenized markets haven’t reached their full potential. GSX ID changes that by allowing compliance to move with the participant, rather than sitting separately from it.
Support from several high-profile partners
Viv Diwakar, Head of the Canton Foundation had similar sentiments to share. Diwaker reiterated that Canton was designed to support regulated financial institutions operating at scale, that requires infrastructure partners that meet the same standard.
Bringing a credentialing layer like GSX ID directly into the network will make it easier for ecosystem participants to onboard and transact, while still meeting regulatory and compliance requirements, said Diwakar.
With the support of a broader set of ecosystem partners, including Texture Capital, Black Manta Capital Partners, Particula, Archax, Lattice, and Infrasingularity, this integration brings identity, distribution, and risk into a single system.
Texture Capital will help with broker-dealer distribution and investor verification in the United States, giving issuers and investors compliant access to tokenized offerings. Black Manta Capital Partners will extend that access into Europe through tokenization and cross-border distribution.
Particula integrates independent risk ratings directly into the GSX ID workflow, allowing participants to assess opportunities within the same system used for identity and compliance.
Distribution in tokenized markets has been constrained by fragmented onboarding and verification,” said Richard Johnson at Texture Capital. “Integrating with GSX ID can create a more efficient path for issuers and investors to access compliant markets without duplicating processes.
Enabling a unified framework for tokenized markets
Alexander Rapatz at Black Manta Capital Partners, noted that while tokenized markets are global, compliance frameworks remain fragmented. He added that Connecting these through shared credentialing infrastructure is key to unlocking cross-border participation at scale.
As adoption grows, access to clear and standardized risk data becomes more important,” said Nadine Wilke at Particula. “Embedding independent ratings into the credentialing process ensures participants can evaluate opportunities within a single workflow.
Taken together, these components enable a unified framework for tokenized markets, where identity, distribution, and risk are built into the system rather than handled separately. GSX ID sits at the center, allowing participants to move across networks without repeating compliance at every step.