Canton Network implements CIP-112 adding mint, burn, and private batch leg support to its token standard.
Tech & Launches ·
Canton Network has implemented CIP-112, a protocol update adding mint, burn, and private batch leg capabilities to its token standard. The enhancement extends the toolkit available to applications built on the network, enabling new transaction patterns for institutional asset workflows.
CIP-112 builds on Canton's architecture of privacy-preserving, interoperable smart contracts designed for regulated financial institutions. The network's dual-layer design allows applications to enforce strict data controls and permissioned access while remaining composable across the broader ecosystem. Private batch legs—transactions visible only to relevant parties—align with the network's core premise of enabling complex onchain workflows such as repo trades and settlement without exposing transaction details to all validators.
The update's scope and rollout timeline remain unclear from available announcements. It is not yet specified whether CIP-112 is live across all applications or phased, and no detail has been provided on adoption patterns or usage impacts since implementation.