Canton released $5.8 million worth of tokens into circulation, yet the anticipated sell-off never arrived as trading volume climbed above $10 million.
Blockchain's integration into institutional finance could revolutionize settlement efficiency, enhancing collateral mobility and market fluidity. Tradeweb executes onchain US Treasury transaction on Canton Network.
Tradeweb completed a real-time tokenized U.S. Treasuries transaction on Canton, pairing an onchain Treasury security with USDCx. Franklin Templeton transferred the tokenized Treasury to Virtu Financial, while Tradeweb provided execution and price discovery and Canton synchronized settlement.
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.