TreasurySpring approved to become a Super Validator on Canton Network

18 September 2026, London - TreasurySpring, the global cash investment platform, today announced the approval of a milestone-based programme under which it will become a Super Validator on the Canton Network, the privacy-enabled blockchain purpose-built for institutional finance.

Through a process known as a Canton Improvement Proposal (CIP), TreasurySpring intends to record the ownership of a material and growing proportion of newly issued Fixed-Term Fund Shares (FTFs) on Canton’s distributed ledger technology. Those on-ledger ownership entries, together with the associated off-ledger records identifying each approved holder, are intended to constitute the authoritative record of ownership. FTFs are issued by TreasurySpring’s issuing vehicles, with each FTF linked to a single underlying cash-equivalent, high-grade fixed-income asset and a specified maturity date. 

The first phase of the programme will involve an upgrade to TreasurySpring’s back-end  infrastructure, with no change to the client experience. Clients will continue to use the platform and established subscription and settlement processes, without needing to operate a wallet or manage cryptographic keys themselves. The Transfer Agent will continue to administer the register and perform its existing responsibilities.

Over time, eligible clients may choose to hold FTFs through approved third-party wallet infrastructure and, where permitted, initiate activity involving their holdings. Potential use cases include intra-group transfers, borrowing or repo against FTFs and collateral posting.

The initiative builds on TreasurySpring's participation in a Canton industry working group that, in January 2026, completed the first cross-border intraday repo using tokenised UK gilts. The transactions showed how high-quality assets and cash can be mobilised across borders and currencies using privacy-enabled on-chain infrastructure that preserves institutional controls. 

Matthew Longhurst, Co-founder and Chief Innovation Officer at TreasurySpring, commented: “Institutions are looking for ways to mobilise high-quality financial assets more efficiently without compromising privacy, control or legal certainty. The ownership record is the foundation. Integrating the core ownership component of the FTF register with Canton will establish a production model for sustained ledger activity while preserving the safeguards clients rely on today.

“Our work on cross-border intraday repo showed what shared institutional infrastructure can make possible. This approval allows us to take the next practical step: representing ownership records arising from recurring FTF issuance on Canton and, over time, giving eligible clients the option to use approved wallet infrastructure as a controlled route to transfer, financing and collateral use cases”

Veronica Augustsson, Partner at 7RIDGE commented: “7RIDGE is a private markets asset manager invested in transformative technology for financial services to power the global economy, and our involvement in Canton has shown us first-hand the potential of privacy-enabled shared infrastructure. As a TreasurySpring client, we already value the efficient access its platform provides to a broad range of high-quality cash investments for our private fund cash sleeves and for our portfolio companies. Bringing FTF ownership records onto Canton is an exciting next step, delivering even greater transparency and opening up valuable new utility over time.”

Viv Diwakar, Head of the Canton Foundation, added:  “We are excited to welcome TreasurySpring as a Super Validator. Collateral mobility has quickly become one of the highest-priority onchain use cases, and TreasurySpring’s institutional cash investment platform will help advance this on Canton alongside other key ecosystem participants.”

For further detail, read The next step for FTFs on Canton: upgrading the register.

ENDS

Notes to Editors

About TreasurySpring

Founded in 2016, TreasurySpring is the global cash investment platform transforming how institutions manage excess liquidity. It delivers simple, secure and scalable infrastructure that enables corporations, fund managers and other leading institutions to access more than 1,100 cash products through a single onboarding to its full-service digital platform.

TreasurySpring has facilitated more than $430bn in issuance and has onboarded more than 1,000 clients across 32 jurisdictions in the UK, US and Europe. The company provides access to a diverse universe of wholesale cash investment options spanning governments, supranationals, tri-party repo, centrally cleared repo and corporate debt markets, available in nine major currencies and across cash investment terms from one day to more than 12 months.

The portal enables clients to manage cash duration precisely, diversify beyond traditional bank deposits and money market funds, and access secured funding markets that were historically available only to the largest global financial institutions.

Backed by investors including Balderton, MMC Ventures, Anthemis and Mubadala Capital, and with offices in London and New York, TreasurySpring has established itself as a leading global provider of institutional cash investment infrastructure.

TreasurySpring Management (Jersey) Limited is regulated by the Jersey Financial Services Commission as an Alternative Investment Fund Services Business.

For more information, visit treasuryspring.com.

About Canton Network

The Canton Network is the only public blockchain network purpose-built for institutional finance, uniquely combining privacy, compliance and scalability. Governed by the Canton Foundation with participation from leading global financial institutions, Canton enables real-time, secure synchronisation and settlement across multiple asset classes on shared, interoperable infrastructure. The open-source network is powered by its native token, Canton Coin, and supports decentralised governance and collaborative application development. It is the proven link between the promise of blockchain and the power of global finance, making finance flow the way it should. Learn more at canton.network.

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