
Nano Labs has been approved to join Canton Network as a validator node, widening the institutional blockchain’s operator base beyond major financial firms and market infrastructure providers.
Nano Labs Ltd. has been approved to join the Canton Network as a validator node, adding the Nasdaq-listed Web 3.0 infrastructure and crypto treasury company to the institutional blockchain’s global validator ecosystem. The move expands Canton’s operator base beyond major financial institutions and market infrastructure providers that the company said include Goldman Sachs, BNY Mellon, Visa, DTCC, BNP Paribas and Deutsche Borse Group. Nano Labs said it will run dedicated node infrastructure and support the network’s operation and ecosystem development as it explores uses such as digital asset settlement, institutional financial solutions and on-chain asset management. The company said the approval followed governance reviews of technical capabilities, operating standards and compliance requirements. The development adds another participant to Canton, a privacy-focused blockchain network built for financial institutions handling digital assets and tokenized financial activity.