A Canton version of your fund, without building the plumbing.
Institutions on Canton can hold your fund, settle it instantly, around the clock, and use it as collateral. You keep your assets, administrator, custodian and legal structure. ETP Foundry runs the Canton side: the share token, creation and redemption, the daily value and the record. The fund’s own parties sign. We never do.
Free to pilot on Canton’s test network. No commitment. Already working with us? Sign in.
Winner, DeFi / Financial Applications Track, HackCanton Season 2 — organiser’s recap.
An extra channel next to your exchange listing, for institutions that already work on Canton.
Settle in one step, any hour
Creating or redeeming shares is a single transaction. Either both sides happen or neither does, so there is no settlement gap and no failed trade.
Usable as collateral
Banks and lenders on Canton read the fund’s signed daily value directly, so they can accept shares as collateral or in repo without checking everything themselves.
New buyers, no new infrastructure
Your fund reaches the institutions already on Canton. You do not need a Canton node, and you do not rebuild your fund.
You keep the fund. We run the Canton side.
Stays with you
- The legal structure and prospectus, with your counsel
- Your administrator and custodian
- Your authorised participants and distribution
- Your fees to investors
We run
- The fund’s share as a standard Canton token
- Creation and redemption, in cash or in kind, in one transaction
- The daily value, calculated and proposed
- The record of every proposal, signature and correction
We never sign and never hold keys. Your administrator, you and the token issuers sign the daily value on the ledger, or refuse it. Nobody on our side counts toward a decision.
Start with a free pilot on the test network.
DevNet pilot
Pick the assets and the share design. Your administrator and any token issuers join the signing. Two weeks of daily values. No fee, no money at risk.
Your legal wrapper
Your counsel sets up the structure and agreements. We do not do the legal side, and we do not promise a timeline for it.
MainNet and first creation
The same seats move to Canton MainNet and sign with their own keys. A market maker makes the first creation against a signed value.
Who is involved, and why it matters to them.
| Who | What they do | Why it matters to them |
|---|---|---|
| Fund sponsor | Its name is on the fund. Owns the legal wrapper, picks the administrator and custodian, and signs the daily value | A product for institutions on Canton. Pays us. For sponsors → |
| Fund administrator | Checks the daily value against its own numbers, then signs or refuses, as it does today | Holdings come straight off the ledger, not from statements. Free seat. The administrator seat → |
| Token issuer | The firm behind a token the fund holds. Confirms each day that its token is fully backed | Every share created locks its token into the fund. Free seat. For token issuers → |
| Market maker | Creates and redeems shares, and quotes them | No settlement gap, no failed trades. For market makers → |
| Lender | Lends against fund shares | A value signed by the fund’s own parties to lend against. For lenders → |
| Custodian | Confirms holdings kept off the ledger | Fund business for assets it already holds. For custodians → |
| ETP Foundry | Runs the engine and the record | Never signs, never holds keys. |
Asset prices come from existing providers such as Chainlink and Kaiko. ETP Foundry is not a data provider.
Running on a test network today. Stated plainly.
Live checks: system status. Our code has not yet been independently audited. Roadmap.
What sponsors ask first.
Do we need to be on Canton already?
No. For the pilot we host your account on our DevNet validator. For a real fund, your custodian, your own validator or a node provider holds it.
Do our assets have to be on Canton?
No. The assets can stay with your custodian as they do today. Only the fund’s shares, and the cash used to create and redeem them, are on Canton. Funds that hold tokens already on Canton, such as cBTC or Canton Coin, can also create and redeem in kind.
What does it cost?
The DevNet pilot is free. At launch the sponsor pays an annual platform fee per fund and/or a fee on the fund’s assets, priced per programme. Every other seat is free. Pricing on request.
Who signs the daily value?
The fund’s own parties: you, your administrator and any token issuer, K of N. We calculate and propose it and never sign. Creations and redemptions deal only against a signed value.
Is this regulated?
ETP Foundry is a technology provider. It is not authorised or registered with any regulator and does not sponsor, administer or hold assets for any fund. The regulated roles stay with you and your providers. Your counsel decides what the fund needs.
Tell us about the fund you would put on Canton.
A person reads every message the same day. Start with a short call about one fund and the assets you hold.
Or email hello@etpfoundry.com.