INNOVATION chose that Cantonal Network supporting on-chain distribution of small business loans and creating one of the first dedicated on-chain markets for small business loans. The announcement follows NEWITY’s recent $11 million strategic investment led by CMT Digital, secured to scale AI-driven lending and connect small business lending to blockchain-enabled capital markets.
“We’ve proven we can help small businesses secure capital at scale. Now we’re building the infrastructure to unlock our next phase of growth.” in question David CodyCo-founder and co-CEO of NEWITY. “The $350 billion funding gap is an infrastructure and liquidity problem, not a lack of demand from investors. Building on the Canton Network, we are paving the way for modern credit markets where access to capital for small businesses is the default, not the exception.”
Small business lending has traditionally suffered from limited secondary market liquidity and fragmented distribution. NEWITY’s distribution in Canton will help change that by bringing the company’s AI-powered small business lending to Canton’s broad universe of institutional and digital asset investors.
“NEWITY wasn’t created to fix a broken system; we built it to give small businesses a place in modern capital markets.” in question Luke LaHaieCo-founder and co-CEO of NEWITY. “Basing on Canton will allow small business loan interest to become more liquid and accessible to a global pool of capital. It will transform Main Street lending into a scalable, on-chain real-world asset for investors.”
“What NEWITY, powered by Canton, offers today represents where the market is heading. We believe that in 10 years this model will be the norm, not the exception. Well done to all parties who are pioneering this approach and driving the future forward.” added Sam HallsPartner of CMT Digital.
Unlike most public chains where all transaction data is visible, Canton provides configurable privacy and control to meet the compliance and privacy requirements of regulated finance while maintaining composability for on-chain financial applications.
“Incorporating small business lending into Canton’s infrastructure unlocks meaningful access and liquidity.” in question Yuval RoozCEO of Digital Asset and co-founder of Canton Network. “By pairing NEWITY’s high-volume credit origination with Canton’s privacy-preserving, interoperable network, we are creating an institutional-grade on-chain credit asset class with the capacity to scale.”
