CC (Canton) 24-hour increase of 3.96%

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.