cETH is live on @CantonNetwork.
1:1 wrapped ETH โ the first on Canton โ with configurable privacy, atomic composability, and institutional compliance controls on a public L1.
Operated by onRails.
Canton already settles USDCx (dollars) and CBTC (Bitcoin). cETH fills the ETH gap.
Rebalance from cETH to USDCx. Post cETH as collateral against a CBTC position. Clear across asset types in one atomic transaction โ no bridges, no batch settlement windows.
How it works: lock/mint, burn/release.
ETH is deposited on Ethereum, held through a confirmation window that ensures finality, and cETH is minted on Canton at a 1:1 ratio. Unwrappable to ETH at any time.
No rehypothecation. No synthetic exposure.
On Canton, only the parties involved and their designated compliance monitors see the transaction. The rest of the network sees nothing.
An institution can post cETH as margin on a derivatives venue without creating market risk in the process.
One problem: on transparent chains, posting collateral broadcasts your position size, counterparty, and timing to every participant.
Front-running risk, MEV extraction, and competitive intelligence leaks โ before the trade even settles.
Some context. In December 2025, the CFTC launched a pilot accepting ETH as margin collateral in derivatives markets. A crypto-native asset can now serve alongside cash and treasuries as eligible collateral.
Wrapped ETH, issued natively on Canton, privately sendable to a social handle.
@HandlPay and @OnRailsFinance on bringing Canton's privacy infrastructure to consumer payments.
cETH is live on HandlPay!
The second-largest crypto, now privately sendable to your handle.
cETH is wrapped ETH, backed 1:1, issued natively on @CantonNetwork and built by @onrails.
Our mission is making stablecoin payments ultra simple and private.
This integration is for
cETH is live on HandlPay!
The second-largest crypto, now privately sendable to your handle.
cETH is wrapped ETH, backed 1:1, issued natively on @CantonNetwork and built by @onrails.
Our mission is making stablecoin payments ultra simple and private.
This integration is for