Canton Coin Jumps 27% as DTCC Signals Treasury Tokenization Plans

[madtrader]

Canton Coin surged roughly 27% over the past week, outperforming the broader crypto market as traders reacted to signs of growing institutional adoption.

The rally followed a Dec. 17 announcement from the Depository Trust & Clearing Corporation outlining plans to tokenize a portion of US Treasury securities on the Canton Network. DTCC operates critical post-trade infrastructure for US markets, with subsidiaries processing approximately $3.7 quadrillion in securities transactions last year.

The Canton Network is designed for regulated financial institutions to issue and settle tokenized real-world assets, positioning Canton Coin as a key infrastructure token in institutional blockchain adoption.

[kevin1]

first time hearing about this token