Creating a new market for small business credit and marking a milestone for real-world asset adoption on institutional blockchain infrastructure
CHICAGO, April 1, 2026 /PRNewswire-PRWeb/ -- NEWITY, a financial technology company transforming how small businesses access capital, today announced it has selected the Canton Network to support on-chain distribution of small business credit, 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 origination and to connect small business credit with blockchain-enabled capital markets. Having already helped more than 125,000 businesses secure $12 billion in affordable capital, NEWITY's choice of Canton, the only public, permissionless blockchain purpose-built for institutional finance, is a decisive step toward making historically illiquid small business debt discoverable and tradeable through on-chain, compliant infrastructure. This integration will expand access to capital for America's 33 million small businesses.
"We've proven we can help small businesses secure capital at scale. Now we're building infrastructure to unlock our next phase of growth," said David Cody, Co-Founder and Co-CEO of NEWITY. "The $350 billion funding gap is an infrastructure and liquidity problem, not a lack of demand from investors. By building on the Canton Network, we're laying the rails for modern credit markets where access to capital for small businesses is the default, not the exception."
A New Era for Small Business Finance
Small business credit has traditionally suffered from limited secondary market liquidity and fragmented distribution. NEWITY's deployment on Canton will help change that by introducing the company's AI-enabled small business credit to Canton's broad universe of institutional and digital asset investors.
"NEWITY wasn't created to patch a broken system; we built it to give small businesses a seat in modern capital markets," said Luke LaHaie, Co-Founder and Co-CEO of NEWITY. "Building on Canton will allow small business loan interests to become more liquid and accessible to a global pool of capital. For investors, it turns Main Street credit into a scalable, on-chain real-world asset."
CMT Digital, an investor in NEWITY and a crypto-focused venture capital firm known for backing groups building on the frontier of blockchain innovation added, "What NEWITY, powered by Canton, is delivering today represents where the market is headed. We believe that in ten years, this model will not be the exception but the norm. Bravo to all parties involved for pioneering this approach and pulling the future forward," added Sam Hallene, Partner at CMT Digital.
Bringing Real-World Assets On-Chain at Scale
Unlike most public chains where all transaction data is visible, Canton provides configurable privacy and control to meet the compliance and confidentiality requirements of regulated finance, while still maintaining composability for on-chain financial applications.
"Bringing small business loans onto Canton's infrastructure unlocks meaningful access and liquidity," said Yuval Rooz, CEO of Digital Asset and Co-Founder of the Canton Network. "By pairing NEWITY's high-volume loan origination with Canton's privacy-preserving, interoperable network, we're building an institutional-grade on-chain credit asset class with the capacity to scale."
About NEWITY
NEWITY is a financial technology company that has helped more than 125,000 small businesses secure $12 billion in affordable funding. The company combines artificial intelligence with expert guidance to streamline SBA 7(a) loans and Growth Term Loans and is pioneering on-chain small business lending facilitation. For more information, visit newitymarket.com. NEWITY is not an SBA 7(a) lender; SBA loans are originated and approved by a participating SBA lender.
About the Canton Network
The Canton Network is the only public, permissionless blockchain purpose-built for institutional finance–uniquely combining privacy, compliance, and scalability. Governed by the Canton Foundation with participation from leading global financial institutions, Canton enables real-time, secure synchronization and settlement across multiple asset classes on a shared, interoperable infrastructure. The open-sourced network is powered by its native token, Canton Coin, and supports decentralized governance and collaborative application development. It's the proven link between the promise of blockchain and the power of global finance, making finance flow the way it should. Learn more at: canton.network.
Media Contact
Rachel Williams, NEWITY, 1 312-520-0843, [email protected], https://newitymarket.com
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