Canton Network and Flowdesk partner on new solution
03 April 2025 UK
Image: KAMAPAN/stock.adobe.com
The Canton Network has welcomed Flowdesk as a key participant in the development of an on-chain collateral and margin management solution for bilateral derivatives.
According to the firm, the collaboration marks a step toward building a privacy-enabled global collateral network that connects trading venues, brokers, institutional investors, and financial market infrastructures.
Flowdesk, a digital asset trading and technology company, joins Digital Asset, QCP, and a group of counterparties in building a next-generation infrastructure that uses the Canton Network鈥檚 privacy-preserving capabilities.
The initiative aims to address inefficiencies in the crypto derivatives market, including the challenges of capital-intensive collateralisation and the costs associated with traditional triparty collateral management models.
By integrating into the Canton Network, Flowdesk will contribute to the design and implementation of an automated, cost-effective, and regulatory-aligned solution for on-chain margining.
The solution will enable key features such as smart contract-based collateral agreements that comply with the International Swaps and Derivatives Association (ISDA) credit support annex (CSA) initial and variation margin frameworks.
In addition, it will provide real-time access to a single source of truth via the Canton Network鈥檚 shared ledger, and automation of workflows including margin calls, collateral pledging, and dispute resolution 鈥� all while maintaining confidentiality between counterparties, the Network adds.
鈥淲e鈥檙e thrilled to welcome Flowdesk to the Canton Network as we expand the scope and impact of our on-chain margining initiative,鈥� says Georg Schneider, head of financial products at Digital Asset.
鈥淔lowdesk brings deep expertise in digital asset market making and infrastructure, and their participation underscores the growing demand for more efficient, secure, and private financial workflows.鈥�
Simon Nursey, head of derivatives at Flowdesk, adds: 鈥淐anton Network's offering provides the ability to manage collateral and margin on-chain, aligning with Flowdesk's mission to create scalable and robust infrastructure for the digital asset economy.鈥�
The Canton Network says its vision is to enable 24/7 margining, reduced margin cycles, and integration of stablecoins and real-world assets across decentralised financial infrastructure.
According to the firm, the collaboration marks a step toward building a privacy-enabled global collateral network that connects trading venues, brokers, institutional investors, and financial market infrastructures.
Flowdesk, a digital asset trading and technology company, joins Digital Asset, QCP, and a group of counterparties in building a next-generation infrastructure that uses the Canton Network鈥檚 privacy-preserving capabilities.
The initiative aims to address inefficiencies in the crypto derivatives market, including the challenges of capital-intensive collateralisation and the costs associated with traditional triparty collateral management models.
By integrating into the Canton Network, Flowdesk will contribute to the design and implementation of an automated, cost-effective, and regulatory-aligned solution for on-chain margining.
The solution will enable key features such as smart contract-based collateral agreements that comply with the International Swaps and Derivatives Association (ISDA) credit support annex (CSA) initial and variation margin frameworks.
In addition, it will provide real-time access to a single source of truth via the Canton Network鈥檚 shared ledger, and automation of workflows including margin calls, collateral pledging, and dispute resolution 鈥� all while maintaining confidentiality between counterparties, the Network adds.
鈥淲e鈥檙e thrilled to welcome Flowdesk to the Canton Network as we expand the scope and impact of our on-chain margining initiative,鈥� says Georg Schneider, head of financial products at Digital Asset.
鈥淔lowdesk brings deep expertise in digital asset market making and infrastructure, and their participation underscores the growing demand for more efficient, secure, and private financial workflows.鈥�
Simon Nursey, head of derivatives at Flowdesk, adds: 鈥淐anton Network's offering provides the ability to manage collateral and margin on-chain, aligning with Flowdesk's mission to create scalable and robust infrastructure for the digital asset economy.鈥�
The Canton Network says its vision is to enable 24/7 margining, reduced margin cycles, and integration of stablecoins and real-world assets across decentralised financial infrastructure.
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