Canton Network is now processing $6 trillion in tokenized assets for major financial players including Goldman Sachs, BNP Paribas, and Citadel Securities. The infrastructure got a major green light on December 17 when the SEC approved DTCC's plan to tokenize $100 trillion using Canton's technology.

Here's where it gets interesting: the token itself carries a $3 billion FDV, yet the network is handling value that's roughly 120 times larger. That's a massive gap between what the market is pricing in and what's actually being processed on-chain.

What does this tell us? Either the market hasn't caught up to the real-world adoption happening behind the scenes, or there's serious room for repricing as institutional tokenization becomes mainstream rather than experimental.