Canton network generated $193m in fees in Q1 2026. that's 42% of all fees across 21 blockchains tracked by messari. $CC trades at $155m FDV against a $750m+ annualized fee run rate. broadridge is settling $340b/day in repos through it. citadel securities and HSBC just participated in a $355m raise. DTCC selected canton for tokenized asset infrastructure deploying H1 2027. 780 validators including goldman sachs and JP morgan running production settlements. the fee-to-FDV ratio is inverted by 5x and the chain doesn't even show up in most crypto dashboards