Gate News Bot message, December 29th, according to CoinMarketCap data, at press time, CC (Canton) is reported at $0.13, up 15.15% in the past 24 hours, with a high of $0.14 and a low of $0.08. The 24-hour trading volume reached $52.9 million. The current market capitalization is approximately $4.893 billion, an increase of $644 million from yesterday.
Important recent news about CC:
1️⃣ DTCC Tokenization of Government Bonds Receives Regulatory Approval
The US Depository Trust & Clearing Corporation (DTCC)-custodied US Treasury bonds are advancing tokenization on the Canton network and have received a no-action letter from the US Securities and Exchange Commission (SEC). This regulatory recognition is seen by the market as the clearest compliance signal in the on-chain government bond space to date, significantly enhancing Canton’s authority as a compliant tokenization infrastructure and its commercialization prospects, directly strengthening market expectations for the long-term value of CC tokens.
2️⃣ RWA Technology Stack Enhancement Drives Ecosystem Development
In early December, Canton partnered with RedStone, integrating it as the primary oracle service provider to deliver compliant, real-time price data for tokenized assets. This integration completes the technical stack for real-world asset tokenization, improving connectivity with institutional-grade DeFi and laying the infrastructure foundation for RWA applications within the Canton ecosystem.
3️⃣ Institutional-Grade Application Scale Continues to Expand
Canton Network has gathered top global financial institutions such as Broadridge, Digital Asset, Euroclear, and Tradeweb. Applications deployed within the ecosystem handle over $300 billion in daily trading volume. The average daily trading fee of $793,000 reflects ongoing growth in on-chain activity, validating Canton’s practical commercial value as a Layer-1 blockchain designed specifically for regulated financial institutions, providing strong support for the intrinsic demand for CC tokens.
This message is not investment advice. Investors should 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
Market overreacting in panic? MicroStrategy founder: Bitcoin has already bottomed out, quantum threats are overblown concern
Michael Saylor claims Bitcoin already completed its bottoming process when it reached $60k, and he believes concerns about threats from quantum computers are overblown. He predicts that in the future, Bitcoin will become the core of the digital credit system, and he also notes that there is limited selling pressure in the market, which could help drive a new bull run. Mizuho, meanwhile, has a positive assessment of the company’s future performance.
CryptoCity38m ago
Today’s Crypto Fear and Greed Index has fallen to 15, and the market is in extreme fear.
Gate News message, April 11, Alternative.me data shows that today’s Crypto Fear and Greed Index dropped to 15; yesterday, the index was 16, and the market is in a “Extreme Fear” state.
GateNews1h ago
Bitcoin Faces Crucial Supply Test – Understanding the URPD Cluster Near $73,000
The cryptocurrency industry is currently experiencing a very high psychological and technical level of consolidation. Most of the news relating to the market will typically focus on price movement. Well-established analysts are analyzing on-chain statistics to identify the current strength of the pr
BlockChainReporter3h ago
Market is overly panicked? MicroStrategy founder: Bitcoin has already hit bottom, and the quantum threat is needless worry
Michael Saylor asserts that Bitcoin has already finished bottoming at $60k, and he believes concerns about threats from quantum computers are overblown. He predicts that in the future, Bitcoin will become the core of a digital credit system, and he notes that there is limited selling pressure in the market, which could help drive the next bull cycle. Mizuho also has a positive assessment of the company’s future performance.
CryptoCity4h ago
$LINK and $PIPPIN Outshine AI Agent Projects By Social Activity
The article discusses the Top 10 AI Agent Projects in cryptocurrency based on social activity, revealing Chainlink ($LINK) as the leader. It highlights engagement and interaction metrics for various projects, indicating strong interest and demand in the market.
BlockChainReporter7h ago
Ethereum Network Activity Claims New ATH Indicating Bullish Divergence
The Ethereum network has reached a new all-time high in activity, signaling its growing utility beyond speculation. Factors like L2 scaling and DeFi are driving this surge, suggesting strong long-term growth potential for Ethereum ($ETH).
BlockChainReporter7h ago
