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BridgePort To Build Real-Time Variation Margin Settlement Application on Canton

  • Writer: BridgePort
    BridgePort
  • Sep 23
  • 2 min read

Application will be developed on the Canton Network while BridgePort joins the Network as a Validator


NEW YORK – September 23, 2025 – BridgePort, the institutional coordination layer streamlining the off-exchange settlement of crypto, today announced that it is building a real-time variation margin settlement application designed to improve how counterparties manage collateral and margin obligations for bilateral derivatives. The application is being developed on the Canton Network, a privacy-enabled, interoperable blockchain ecosystem designed for financial institutions, where BridgePort will also serve as a validator operator.


The application enables trading counterparties to settle obligations with greater privacy, precision, and enforceability. By automating netting and settlement instructions, the app ensures that trade data remains visible only to the relevant parties safeguarding confidentiality while reducing operational friction.



Steven Bartfield, BridgePort Chief Product Officer
BridgePort's application on Canton

“Building this settlement application on Canton is a meaningful step in BridgePort’s mission to modernize market infrastructure,” said Nirup Ramalingam, CEO of BridgePort. “Derivatives markets today are hindered by capital inefficiency and fragmented systems. By developing a real-time, privacy-preserving app for collateral and margin management for OTC trading, we’re showing how institutions can collaborate with greater trust, efficiency, and regulatory confidence. We see this as an exciting opportunity not only for BridgePort, but for trading firms on Canton that want to unlock the benefits of a more seamless, secure OTC settlement.”


The Canton Network brings together leading financial institutions and infrastructure providers committed to collaborative innovation across capital markets. BridgePort’s validator participation and application development further strengthen the network’s role in creating scalable, privacy-enabled solutions for global finance.


This milestone underscores both BridgePort’s progress and the growing demand from institutional participants for privacy-first, interoperable infrastructure. As middleware for off-exchange settlement, BridgePort helps trading firms, exchanges, and custodians coordinate more efficiently across fragmented markets. By also building on Canton, BridgePort recognizes the network as an important tool for driving more effective and scalable OTC settlement bringing traditional financial rigor to digital asset markets.



About BridgePort 

BridgePort provides institutional middleware to solve the capital inefficiency, credit risk, and fragmented liquidity inherent in today’s crypto markets. Its agnostic infrastructure serves as the coordination layer for off-exchange settlement by connecting exchanges, trading firms, and custodians which enable secure messaging for pre-order credit allocation and post-trade settlement facilitation. Founded by a team with decades of experience building fixed income and FX trading platforms for the world’s largest traditional financial institutions, BridgePort is backed by Further Ventures, Virtu, XBTO, Blockchain Founders Fund, Fun Fair Ventures, and Humla Ventures. 


Find more information here 




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