
Tradeweb Settles Real-Time Tokenized Treasury Trade on Canton Network
Franklin Templeton moved a tokenized US Treasury to Virtu Financial in what Tradeweb called the first real-time transaction settled against USDCx on the Canton Network.

Festus Folo
Managing Editor, Africa · Lagos
A tokenized US Treasury changed hands in real time on the Canton Network, in a transaction that Tradeweb described as a first for settlement against the USDCx stablecoin, according to reporting by Cointelegraph.
The trade saw Franklin Templeton transfer a tokenized US Treasury to Virtu Financial. Tradeweb characterized the deal as the first real-time transaction settled against USDCx, signaling continued momentum for the use of blockchain infrastructure in traditional fixed-income markets.
Why It Matters for the Europe Corridor
The experiment carries weight for European institutions watching how tokenized government debt and stablecoin settlement mature. As regulators across the European Union advance frameworks for digital assets, real-time settlement demonstrations involving established players like Franklin Templeton and Tradeweb offer a template that banks, asset managers and market infrastructure providers on the continent are likely to study closely.
Keep reading
Bitcoin Reclaims $60,000 After Warsh Signals Cooling Inflation Risks
Comments from Fed Chair Kevin Warsh lifted bitcoin above $60,000, with solana, ether and dogecoin all gaining as crypto rebounded from an AI-driven capital drain.
One newsletter, two continents
The Bridge brings you the tech, startups, and leaders moving between Africa and Europe — one sharp email each morning. No spam, unsubscribe anytime.








