Programmable Credit Protocol (PCP), a credit orchestration infrastructure for tokenised assets developed by SemiLiquid Tech Labs, has partnered with Digital Asset and the Canton Foundation to provide the Canton Ecosystem with institutional credit infrastructure.
The collaboration will see PCP enable custody-native lending against assets on the network, said to allow banks, hedge funds, market makers, and other market participants to borrow and lend against tokenised securities, funds, deposits, Canton Coin, Bitcoin, and others.
According to the firms, the programmatically handled margining, substitution, and liquidation will enable institutions to finance assets without additional intermediaries, manual reconciliation, or having to transfer them out of custody.
Speaking on the initiative, Rico van der Veen, CEO at PCP, says: “Every asset on Canton should be financeable — not just transferable.
“By working with Digital Asset and the Canton Foundation, we’re bringing the credit layer that turns Canton from settlement network into full financial market infrastructure.”
Melvis Langyintuo, executive director at the Canton Foundation, adds: “With PCP, assets on the Canton Network can function as working collateral without leaving regulated custody, improving capital efficiency while preserving control.”
Bayo Atkins, sales director MENA at Digital Asset, comments: “By integrating credit infrastructure through PCP, institutions can unlock additional utility from the assets they hold on the network, enabling new financing workflows while maintaining custody, compliance and control.”
The collaboration follows PCP’s 2025 pilot, which demonstrated institutional, custody-native credit, with participation from Franklin Templeton, CMS, and Avalanche.
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