What has happened.

The product is now a toolkit for tokenised funds on Canton

We retired the earlier idea of publishing an official price for tokens (the “fixings” and “benchmarks” in older items below). ETP Foundry now does one thing: it lets a fund sponsor launch and run a tokenised fund on Canton. We set up the fund, settle creation and redemption, calculate the daily value from prices supplied by Chainlink or Kaiko, and keep the record. The fund’s own parties sign. We focus on Canton only.

What it does not change: everything still runs on Canton DevNet, and no outside party holds a seat yet.

How it works · Launch a fund

Test funds created and redeemed with real DevNet tokens, and signed reports anyone can verify

On our DevNet validator, two test funds were created and redeemed against real registry tokens (BitSafe cBTC and Canton Coin, from two registries in one transaction), with totals matching exactly.

Every report and export ETP Foundry issues is now signed. Drop any copy on /verify and your browser checks it against the published keys; the file never leaves your machine.

What it does not change: no outside party has signed anything, the test funds are not products, and our code has not been independently audited.

A seat signs with its own key, not ours

On our DevNet validator, a test seat generated its own key outside our system and signed a test proposal with it. Its signer recomputed what it was signing and signed only because it matched. Before this, every seat’s key sat on our participant, which is disclosed on every value.

What it does not change: the test seat was run by us, so it would never count toward a decision, and no outside party has taken a seat. This is switched off on the running desk today, and will be on before the first seat joins.

The trust ladder

The site moves onto ETP Foundry’s own Canton validator

The Canton Foundation approved our DevNet validator on 23 September 2026. It went live on 24 September, and this site’s public API has run on it since, instead of a sandbox. Our parties hold real DevNet registry tokens, not tokens we issued ourselves.

What it does not change: DevNet tokens have no money value, and no outside party holds a seat.

Live status

CrossDesk becomes ETP Foundry; the ledger enforces who may sign

The project was renamed ETP Foundry, at etpfoundry.com. The same week, the rules for who signs became part of the ledger contract itself: ETP Foundry can never be a signer, and at least two signers are required. The first draft documents were published on the documents page.

Canton Builders Office Hours: HackCanton showcase

ETP Foundry (then CrossDesk) presented on Canton Builders Office Hours: HackCanton, on the Canton Network Discord Builder Stage, alongside two other Season 2 teams. It showed the earlier price-signing design running on a hosted sandbox.

The showcase deck

First methodology and signer protocol published

The first drafts of the rules for how a value is calculated and who checks it before signing (12 and 30 August 2026). Both have since been replaced by Methodology v1.0.

Winner, DeFi / Financial Applications Track, HackCanton Season 2 (as CrossDesk)

ETP Foundry, then named CrossDesk, won the DeFi / Financial Applications Track at HackCanton Season 2, after pitching at the Season 2 Grand Final. The entry included creating and redeeming fund shares in kind, running as a Daml package on the shared hackathon participant.

Organiser’s recap (Track Winners) · The pitch deck and demo recording