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Canton Foundation Grants RedStone 15.8M Canton Coin to Build Institutional Pricing Standard

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Canton Foundation Grants RedStone 15.8M Canton Coin to Build Institutional Pricing Standard

A closer look at “Canton Foundation Grants RedStone 15.8M Canton Coin to Build Institutional Pricing Standar”, exactly as the source publishes it. The Canton Foundation has awarded RedStone a grant of 15.8 million Canton Coin to develop a pricing tool for institutional users of the Canton Network. The tool aims to let institutions access shared market prices without revealing sensitive deal terms to data providers, addressing a key privacy cha The tool aims to let institutions access shared market prices without revealing sensitive deal terms to data providers, addressing a key privacy challenge in blockchain-based financial services.

RedStone, known for its oracle solutions, will use the grant to create a standardized pricing mechanism that could streamline trading, lending, and settlement across Canton's permissioned ecosystem. This move signals growing investment in privacy-preserving infrastructure as more traditional financial players adopt distributed ledger technology. For the complete material, the listing points back to the source inside the network.

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