On April 30, 2026, the Global Settlement Network (GSN) announced it has joined the Canton Network as both a validator and a prime application, while launching the GSX ID verification platform to reduce redundant compliance checks in tokenized capital markets and enhance institutional transaction efficiency.
GSX ID: One-Time Verification for On-Chain Compliance
According to the official announcement, GSX ID is now live within the Canton ecosystem. The platform allows institutions to issue and store verifiable compliance credentials on-chain, covering KYC (Know Your Customer), AML (Anti-Money Laundering) checks, KYB (Know Your Business) screening, malicious actor filtering, and investor accreditation requirements. Once a participant passes verification, their status is automatically shared across all applications running on Canton, eliminating the need for repeated submissions.
“Institutions today repeat the same verification process for every transaction—this simply doesn’t scale and is a key reason tokenized markets haven’t reached their full potential,” said Kyle Sonlin, co-founder and chairman of GSN. “GSX ID changes that by making compliance portable with the participant.”
Viv Diwakar, head of the Canton Foundation, noted that the integration aligns with the network’s broader design: “Embedding a verification layer like GSX ID directly into the network makes it easier for ecosystem participants to connect and transact while still meeting regulatory requirements.”
Multi-Partner Expansion: US and Europe Compliance Distribution and Risk Management
Three ecosystem partners are extending GSX ID’s scope to distribution and risk management: Texture Capital (FINRA member, SEC-registered broker-dealer) handles compliant investor verification and broker-dealer distribution in the US; Black Manta Capital Partners (licensed investment bank) expands compliant cross-border tokenization in Europe and globally; Particula embeds independent risk ratings directly into the GSX ID workflow, enabling participants to evaluate opportunities within the same system used for identity and compliance checks.
“Distribution in tokenized markets has been constrained by fragmented onboarding and verification processes,” said Richard Johnson of Texture Capital. “Integration with GSX ID can create a more efficient path for issuers and investors to access compliant markets without duplicating processes.”
Alexander Rapatz of Black Manta Capital Partners highlighted the cross-border challenge: “Tokenized markets are global, but regulatory frameworks remain fragmented. Connecting them through a shared verification infrastructure is key to scaling cross-border participation.”
Nadine Wilke of Particula noted that standardized risk data becomes increasingly important as adoption grows: “Embedding independent ratings into the verification process ensures participants can assess opportunities within a single workflow.”
Visa Joins Canton as Super-Validator
In addition, Visa joined the Canton Network as a super-validator, offering privacy-preserving, institutional-grade blockchain payment solutions for banks. Other partners, including Archax, Lattice, and Infrasingularity, round out the ecosystem, consolidating identity, distribution, and risk into one integrated system.
For those moving real capital in tokenized markets, the practical question is whether regulatory infrastructure can keep pace. The teams believe GSX ID running natively on Canton offers a potential answer.