Gate News Bot Message, January 8th, according to CoinMarketCap data, as of press time, CC (Canton) is currently priced at $0.14, up 3.96% in the past 24 hours, with a high of $0.18 and a low of $0.13. The current market capitalization is approximately $5.256 billion, an increase of $200 million compared to yesterday.
The Canton Foundation is dedicated to ensuring fair governance and oversight of the Canton Network. The Canton Network is praised as “the combination of capital market strength and real blockchain value,” currently hosting 37 super validators and 622 total validators, with an average daily fee of $793,000 and a total token supply of 3.59 billion. The network brings together numerous institutional members such as 5North, 7Ridge, Broadridge, Digital Asset, Euroclear, Tradeweb, offering rich ecosystem applications including blockchain explorers, cross-chain bridges, custody wallets, DeFi, and asset tokenization.
Recent Important News about CC (Canton):
1️⃣ Nasdaq joins the super validator team, institutional recognition continues to grow
Nasdaq officially becomes a super validator of the Canton Network, gaining up to 10 super validator weights through the Canton token economy and the supervised custodial program of the Accountability Committee. As one of the world’s largest electronic trading markets, Nasdaq’s participation further strengthens Canton Network’s position and influence in the institutional market, reflecting traditional financial institutions’ recognition of the network’s true value.
2️⃣ Lloyds Bank completes tokenized deposit transaction, practical application progresses
Lloyds Banking Group, the third-largest bank in the UK, partnered with the Canton Network to complete the UK’s first transaction using tokenized deposits to purchase government bonds. This transaction validates Canton Network’s practical capabilities in asset tokenization, demonstrating the advantages of tokenized deposits in providing instant settlement, automated protocols, and increased transparency, while maintaining deposit protection coverage, laying a practical foundation for commercial applications within the Canton ecosystem.
3️⃣ Expansion of institutional trust services,完善稳定币生态
American institutions are applying to OCC for a national trust bank license, planning to develop crypto asset custody and stablecoin exchange services. This indicates that traditional financial institutions are accelerating the development of digital asset custody infrastructure. This trend provides broader institutional application scenarios for tokenization platforms like Canton Network, helping to strengthen asset custody and trading functions within the Canton ecosystem.
This message is not investment advice; please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Zcash upside hinges on repricing financial privacy in an AI-driven world, Grayscale says
Grayscale believes Zcash (ZEC), a privacy-centric cryptocurrency, is undervalued due to increasing demand for financial privacy amid AI surveillance. Its usage and investment are growing, though regulatory uncertainties and market volatility pose risks.
CoinDesk4m ago
How High Can Ripple’s XRP Price Go in April?
XRP's status has improved as it's no longer seen as a security, yet its price remains stagnant around $1.34. April will be crucial for potential price movements, with support at $1.30 and resistance at $1.50, determining its future trajectory.
CaptainAltcoin20m ago
Nearly half of the Bitcoin supply is in the red as long-term investors take profits
Nearly half of Bitcoin's supply is currently at a loss as long-term investors sell off. The Bitcoin Impact Index has risen to 57.4, indicating significant market stress and potential for increased sell pressure if prices do not recover soon. This situation highlights investors' cautious sentiment and the fragile state of the market.
TapChiBitcoin26m ago
85% or 200% Surge Next for Cardano? ADA Tests Key Level Linked to Historic Breakouts
Cardano’s native token has been among the poorest performers in the past year, with on-chain data suggesting that ADA active wallets are down over 40% on their investments within this timeframe.
However, this could actually be bullish for the underlying asset, especially when it’s combined with ano
CryptoPotato1h ago
Bitmine is aggressively accumulating 71,000 ETH! ETH total open positions exceed 4.73 million ETH, as Tom Lee calls for moving in early to get ahead of a market rebound
Bitmine Immersion Technologies has recently made a large-scale increase in its Ethereum holdings, with its amount reaching 4.732 million ETH, accounting for 3.92% of the global supply. The company has accelerated its purchases in anticipation that the market will emerge from its slump, and it has emphasized the value of crypto assets amid geopolitical risks. At the same time, Bitmine launched an institutional staking platform, which has staked 3.14 million ETH, generating annualized staking revenue of $177 million, indicating long-term confidence in Ethereum and an investment strategy.
動區BlockTempo1h ago
Kevin O'Leary: BTC & ETH Capture 98% Crypto Value
Kevin O’Leary claims BTC and ETH dominate 98% of the crypto market, sidelining altcoins. While BTC leads, their combined dominance is around 70%. Institutional preference favors established assets, but innovation continues in altcoins, driving a complex market dynamic.
Coinfomania1h ago
