Franklin Templeton has completed the first milestone in its Canton Super Validator framework, advancing its on-chain treasury work into the next stage of network governance. In an official Tokenomics outcome , the working group said it had reviewed the CIP-0118 milestone and approved it as complete. It also approved the release of one unit of Super Validator weight for on-chain treasury management on Canton. The milestone is tied to production activity. Under the approved CIP-0118 framework , Franklin Templeton must complete at least one treasury-management transaction on Canton MainNet. Qualifying activity can involve tokenized U.S. Treasuries, digital cash such as stablecoins or tokenized demand deposits, or a repo or reverse repo supporting fund operations. Approved in June, CIP-0118 gives Franklin Templeton a path to a maximum Super Validator weight of five. Each unit is earned through completed work. The treasury-management milestone carries one unit, round-the-clock create-and-redeem capability carries another, and qualifying production volume can add as many as three more. The latest decision approves the first weight release. Under CIP-0118, two-thirds of Super Validator operators must support the reward assignment and configuration changes that follow. The Tokenomics outcome names the Global Synchronizer Foundation as the Super Validator for the on-chain vote. The release becomes active once that on-chain implementation is completed. At publication, no matching Franklin Templeton proposal appeared in the live MainNet vote list . The next milestone focuses on allowing authorized participants to create tokenized fund shares by delivering cash on Canton and redeem those shares for on-chain cash through an operational 24/7 service. Franklin Templeton can also earn 0.5 unit of weight for every $100 million in qualifying production create-and-redeem volume, up to a maximum of three additional units. Completing the treasury-management milestone gives Franklin Templeton its first earned step under CIP-0118 and advances its Canton work from tokenized fund issuance towards day-to-day fund operations.