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
Next Crypto Breakout: 3 Altcoins Poised for Massive Upside
CHZ breaks resistance with strong volume, driven by sports and fan engagement demand.
XMR hits all-time high, fueled by privacy demand and strong trading volume.
ATOM rebounds from lows, holding support while building momentum toward higher resistance levels.
The crypto market
CryptoNewsLand1h ago
Kalshi Traders Forecast XRP to Hit $1.60 in April
Kalshi traders predict XRP will reach $1.60 in April amid rising demand and significant ETF inflows. With a bullish technical outlook and upcoming regulatory votes, XRP's market dynamics show potential for further gains, despite risks of declining support levels if outcomes are unfavorable.
CryptoFrontier2h ago
Solana Adoption Surges to 167M While Usage and Price Diverge
Key Insights
Solana reached 167 million holders, signaling strong adoption growth even as active addresses declined, showing a widening gap between ownership and usage trends.
Institutional interest increased as DeFi Development Corp accumulated over 2.22 million SOL, reinforcing long-term c
CryptoNewsLand5h ago
Shiba Inu Forecast: Range-bound Moves Shift After Bullish Golden Cross
SHIB consolidates near $0.0000058 amid declining volume and reduced market participation.
Bullish golden cross signals short-term momentum shift despite ongoing range-bound price action.
Key support at $0.00000562 holds focus, with breakout targets near $0.00000625 and higher.
Shiba
CryptoNewsLand7h ago
Pudgy Penguins Price Analysis: $0.008 Could Trigger the Next Big Move
PENGU shows steady growth, signaling accumulation rather than short-term speculation.
Buyers dominate spot and futures markets, strengthening current bullish momentum.
$0.008 resistance remains key, with breakout or consolidation likely next.
Pudgy Penguins — PENGU, has started showing a
CryptoNewsLand8h ago
The Strait of Hormuz is fully reopened, and Bitcoin surged to 78K. MicroStrategy (MSTR) jumped 12%.
Iran announces that the Strait of Hormuz is fully open; oil prices fall sharply as supply concerns ease, and U.S. stock indexes hit record highs. Bitcoin once surged to $78,333 and lifted MicroStrategy’s stock price by 12% in a big jump. Market-wide sentiment improves, and cryptocurrencies also show signs of capital inflows.
ChainNewsAbmedia13h ago
