Another $3.11M CC unlock approaches with traders weighing rising Circulating Supply against weakening market participation.
Upgrade Model: The Canton network introduces Logical Synchronizer Upgrades to make major protocol upgrades automatic and routine. Operational Simplicity: LSUs allow parallel infrastructure, seamless validator transitions, and zero coordinated outages across the Canton network.
Canton lost its ascending channel as bearish indicators and lower liquidity pointed toward a possible $0.135 retest.
CC traded tightly as RSI hits oversold region. Is a possible reversal ahead?
Bithumb to list Canton (CC) in its KRW market as weak indicators meet fresh protocol updates and wider institutional backing in South Korea.
Kraken has added support for USDCx on Canton Network, expanding stablecoin settlement access for a privacy-enabled institutional blockchain.
Andreessen Horowitz's crypto arm, a16z crypto, has invested $100 million in Digital Asset, the company behind the Canton blockchain.
Digital Asset, the developer of the Canton Network, raised $355 million led by a16z crypto, with ABN Amro, Apollo Funds, BNP Paribas, Citadel Securities, HSBC, and the Abu Dhabi Investment Authority joining, to expand Canton as onchain infrastructure for capital markets.
Canton Network creator Digital Asset secured $355 million in a funding round led by Andreessen Horowitz alongside an array of other backers.
Canton Network's funding boost could accelerate blockchain adoption in institutional finance, reshaping asset management and regulatory compliance. Canton Network developer raises $355M to bring Wall Street onchain.
Digital Asset, the company behind the Canton Network, raised $355 million in a new equity round led by Andreessen Horowitz's A16z Crypto fund, which contributed $100 million, bringing together one of the most concentrated groups of institutional capital ever assembled behind a blockchain infrastructure play.
The investment comes as blockchains designed for big banks and institutions are having a moment, with Stripe's Tempo and Circle's Arc raising hundreds of millions of dollars.