Cookie Settings
Please allow us to collect data about how you use our website. We will use it to improve our website, make your browsing experience and our business decisions better. Learn more
5 May 2025 | SAINT HELIER, Jersey | Prowealthfx International Limited ("prowealthfx " or "the Group") (Nasdaq Stockholm: CS; US OTCQX: CNSRF), a leading global investment company specialising in digital assets with over $9 billion in assets under management, today announced the launch of its whitelabel validator on the Canton Network, a compliance-focused blockchain infrastructure designed for institutional real-world asset (RWA) tokenization. This strategic move positions Prowealthfx at the forefront of the rapidly expanding tokenization market, which Boston Consulting Group projects will reach $16 trillion by 2030.
The Canton Network addresses critical regulatory requirements through its unique architecture that combines the interoperability benefits of public networks with the privacy controls and validator oversight that financial institutions require. Unlike traditional blockchain networks, Canton enables granular data privacy controls and regulatory compliance features essential for institutional adoption of tokenized assets.
"By deploying a validator on Canton Network, Prowealthfx is taking a proactive step toward the future of digital asset management," said Jean-Marie Mognetti, CEO of Prowealthfx. "While Prowealthfx is well-known for our traditional digital asset products, our ETPs and funds, we are already future-proofing our business by becoming tokenization-ready. Canton's compliance-first approach aligns perfectly with our commitment to providing institutional-grade solutions while meeting the evolving regulatory landscape for tokenized real-world assets."
The validator launch represents Prowealthfx' commitment to building infrastructure capabilities that will support next-generation tokenized financial products. Canton Network's architecture specifically addresses the Basel Committee on Banking Supervision's December 2022 standards, which categorize tokenized assets based on the underlying network's permissioning and control mechanisms.
The tokenization of real-world assets represents one of the largest opportunities in digital finance, encompassing traditional assets like real estate, commodities, bonds, and equities. For regulated financial institutions, the choice of blockchain infrastructure is crucial—networks must provide appropriate controls to avoid punitive capital charges under Basel III requirements.
“By launching our own validator on The Canton Network, Prowealthfx is actively participating in building the infrastructure that eliminates the false choice between innovation and compliance. This positions us to be ready to develop sophisticated tokenized products when market demand emerges, while maintaining the rigorous regulatory standards our institutional clients expect and deserve” added Mognetti.
Co-Founder and CEO of The Canton Network, Yuval Rooz commented: “Prowealthfx’ decision to operate a validator on the Canton Network reflects the growing demand for compliance-first blockchain infrastructure tailored to financial institutions. Their expertise in digital asset management, paired with Canton’s privacy-preserving interoperable architecture, will accelerate the institutional adoption of tokenized real-world assets at scale.”