Overview
- Canton’s native token rose roughly 25%–27% over the past week, standing out during a generally weak holiday market.
- DTCC confirmed plans to tokenize U.S. Treasury securities through its DTC subsidiary on the Canton Network, with CEO Frank La Salla framing it as a roadmap starting with Treasuries.
- The U.S. SEC issued a non-action letter that cleared a path for live tokenization of Treasuries, providing key regulatory support for the initiative.
- Data cited from RWA.xyz shows tokenized real-world assets near $19 billion, with about $9 billion in tokenized Treasuries and growing institutional products from firms such as BlackRock, Franklin Templeton, and Ondo Finance.
- Canton positioned itself for institutional adoption this month by naming RedStone as its primary oracle provider to deliver compliant price feeds for tokenized assets.