The Edel Vision
A global financial system where access travels further and assets can do more.
Empower People. Connect Markets.
Edel's vision is to empower humanity through access to the global financial system without borders. We want more people to participate in global markets and use financial tools that have traditionally been available mainly to institutions.
This is the direction we are building towards. Access to each product remains subject to eligibility, applicable law, sanctions and jurisdictional restrictions.
Tokenisation Is the Beginning
Bringing a real-world asset on-chain changes its format. Its greater potential emerges when that asset can move between applications and become useful across a connected decentralised finance (DeFi) ecosystem.
Our ambition is for tokenised real-world assets (RWAs) to do more than sit in a wallet: to be traded, transferred and, where supported, used as collateral for other financial activity. That requires issuance, markets and applications that work together.
Edel is building towards that connected system on the Canton Network.
Two Products. One Connected System.
Edel Equities: bring global equity exposure on-chain.
Edel Equities describes our broader issuance vision, with a focus on global equities and small-cap stocks. The aim is to widen both access to equity markets and access to the ways institutions can use those assets. Edel Stocks are the instruments available today within that vision: Titan Labs Limited debt instruments providing economic exposure to stocks and ETFs on Canton.
Edel Markets: give those assets a place to work.
Edel Markets is a planned trading venue for spot and derivatives markets across cryptoassets, equities and commodities, with settlement on Canton. It is being designed around speed, financial privacy and the ambition of 24/7/365 trading. Edel Markets is coming soon.
Read the current Edel Stocks documentation and the Edel Markets product vision.
Issuance
Edel Equities
Global equity exposure, beginning with today's Edel Stocks.
Live foundation: SPYe + QQQeTrading
Edel Markets
Planned spot and derivatives markets, with settlement on Canton.
Coming soonLong-term vision
On-chain prime brokerage
Connect assets, trading and future collateral use in one on-chain experience.
Towards On-Chain Prime Brokerage
Issuance and trading become more powerful when they connect. Together, Edel Equities and Edel Markets could form an on-chain prime brokerage: an environment that brings asset access, trading and collateral use into one connected experience.
In institutional finance, prime brokerage connects services such as execution and financing, allowing eligible assets to support other positions. Edel's ambition is to bring that kind of capital utility on-chain and make it accessible to a wider set of participants.
For example, an eligible holder could use tokenised stock exposure as margin to trade other equities, while retaining the economic exposure of the collateral subject to the product's terms and risk controls. This would make an existing position useful beyond holding or selling it.
Stock collateral, margin trading and an integrated prime brokerage experience are future product ambitions. Supported collateral, borrowing or margin terms, risk controls and eligibility will need to be defined before these capabilities are available.
Financial Privacy by Design
Access to on-chain finance should not require broadcasting every financial decision to the public. On fully public ledgers, visible balances and transaction histories can expose positions, reveal trading strategies and make sensitive commercial relationships easier to infer.
Edel Markets is being designed around financial privacy on Canton. Canton supports selective disclosure of transaction data: visibility is governed by application rules and participant roles, so relevant authorised participants can see the information they need.
Privacy does not mean activity is invisible to every party. Counterparties and other authorised participants may have visibility, and regulatory or audit access can be configured where required. The goal is useful financial confidentiality alongside appropriate accountability.
See the Canton privacy model for the network's approach.
From Vision to Reality
The vision sets our direction. The product documentation identifies what is available today.
| Capability | Current status |
|---|---|
| Edel Stocks | SPYe and QQQe are live and trading on Cantex Exchange, providing exposure to SPY and QQQ. Primary minting and cash redemption remain restricted to approved participants. |
| Broader Edel Equities coverage | Global equities and small-cap stocks are part of the expansion vision. These docs currently identify SPYe and QQQe as live. |
| Edel Markets | Coming soon. Spot and derivatives markets across cryptoassets, equities and commodities are planned; launch details are not yet published. |
| On-chain prime brokerage | Long-term vision. Stock collateral, margin use and the combined product experience are not live capabilities described in these docs. |
| Primary-market API and broader access | Future scope. The API and broader third-party primary-market access are not yet publicly available. |