Enzyme to Bring Onyx and Myso Protocols to Canton Network in Major Expansion - Crypto Economy

TL;DR:

• Enzyme will deploy its Onyx and Myso protocols on Canton Network, an institutional network backed by Goldman Sachs and Deutsche Börse.
• The launch is scheduled for the beginning of Q3 2026: It will integrate tokenized funds and on-chain derivatives into institutional-grade infrastructure.
• Both protocols will continue operating in EVM environments, meaning the expansion to Canton does not imply abandoning their original ecosystem.

Financial infrastructure platform Enzyme announced that its two main protocols —Onyx and Myso— will be natively ported to Canton Network, with the launch scheduled for early Q3 2026. This expansion will make the platform one of the first DeFi infrastructure providers to be available simultaneously on both EVM-compatible chains and Canton.

Enzyme Onyx is the full technical stack for issuing, structuring, and managing tokenized funds and financial instruments. It covers the complete lifecycle of a tokenized vehicle: accounting, subscriptions, redemptions, NAV reporting, fee management, and investor onboarding, all within a white-label environment that companies can deploy as their own.

Enzyme Myso, in turn, is the protocol for creating, trading, and managing fully customizable on-chain options strategies, including covered calls and cash-secured puts, with non-custodial settlement and counterparty risk elimination.


Why Canton Is Key to the Next Institutional Cycle

Canton is a network of networks where each institution maintains its own sub-ledger while connecting with others through a shared synchronization layer that enables real-time settlement execution. Unlike other architectures, Canton enforces visibility and authorization rules at the smart contract level, ensuring that each party sees only the portions of a transaction that pertain to them. This feature, known as data minimization, is a regulatory requirement for institutional financial clients, not a technical preference.

The network was launched in 2023 by a consortium that included Goldman Sachs, BNP Paribas, Deutsche Börse, CBOE, and Moody’s, with the explicit goal of modernizing post-trade processes in international capital markets.


Enzyme Will Remain Just as Focused on the EVM Ecosystem

With Onyx on Canton, fund managers will be able to deploy tokenized investment vehicles spanning on-chain and off-chain assets —including equities, fixed income, T-Bills, and real estate— with a high level of portfolio data privacy guaranteed at the architectural level. With Myso, institutions will be able to build and settle American and European options within the Canton ecosystem, with atomic finality and counterparty controls that compromise neither confidentiality nor regulatory compliance.

Enzyme made it very clear that its expansion process to Canton does not modify in any way its commitment to the EVM ecosystem, where both protocols will continue to be developed with the same level of dedication as before.