Gate News Bot Message, January 12th, according to CoinMarketCap data, as of press time, CC (Canton) is currently priced at $0.15, up 14.37% in the past 24 hours, with a high of $0.16 and a low of $0.12. The 24-hour trading volume reached $22.2 million. The current market capitalization is approximately $5.549 billion, an increase of $697 million from yesterday, ranking 22nd globally.
Recent Important News about CC (Canton):
1️⃣ JPM Coin by JPMorgan Chase Launches on Canton Network, Expanding Institutional Use Cases
JPMorgan Chase announced plans to launch JPM Coin on the Canton Network, extending it from a private system to an environment that can interact with public blockchains. As an institutional-grade token backed by bank deposits, JPM Coin’s daily trading volume on the Canton network has reached billions of dollars. This upgrade enhances JPM Coin’s interoperability, enabling connection to tokenized assets across different institutions and blockchain networks, providing banks and asset managers with more efficient on-chain settlement capabilities. This move indicates that traditional financial giants are gradually integrating their extensive global deposit systems into blockchain networks, pushing tokenized deposits and multi-chain banking solutions from concept validation to practical implementation.
2️⃣ Nasdaq Joins the Super Validator Camp, Strengthening Institutional Status
Nasdaq officially becomes a super validator on the Canton Network, obtaining up to 10 super validator weights through the Canton token economy and the oversight of the Accountability Committee. As one of the world’s largest electronic trading platforms, Nasdaq’s participation further reinforces Canton Network’s position and credibility in the institutional market, reflecting ongoing recognition from leading traditional financial institutions of the network’s true value.
3️⃣ Lloyds Bank Completes Tokenized Deposit Transaction, Validating Practical Application
Lloyds Banking Group, the third-largest bank in the UK, completed the UK’s first transaction using tokenized deposits to purchase government bonds. The transaction achieved instant settlement, automated protocols, and increased transparency while maintaining deposit protection coverage. This validates Canton Network’s practical application capabilities in the field of real-world asset tokenization and provides a solid foundation for commercial applications within the Canton ecosystem.
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
Market in excessive panic? MicroStrategy founder: Bitcoin has already bottomed out, and the quantum threat is just needless worry
Michael Saylor asserts that Bitcoin has already completed its bottoming process at $60k, and believes concerns about threats from quantum computers are overblown. He predicts that Bitcoin will become the core of a digital credit system in the future, and notes that the market’s selling pressure is limited, which could help drive a new bull market. Mizuho also has a positive assessment of the company’s future performance.
CryptoCity6m ago
Crypto Market Surges to $2.44T Amid Growing Momentum
The crypto market has grown, with a 1.35% increase in capitalization to $2.44T and Bitcoin and Ethereum prices rising. Major gainers include $PENGU, $HBTC, and $TSLA. DeFi TVL rose 1.27%, while NFT sales fell 4.99%. Key developments include Polymarket's stablecoin upgrade and CFTC's regulatory efforts.
BlockChainReporter41m ago
Pepe Price Holds Steady as ETF Filing Lifts Market Attention
Canary Capital’s ETF filing enhances Pepe Coin's institutional appeal, although trader participation declines, impacting derivatives activity. Price movements hinge on key levels of support and resistance as the market faces mixed sentiment.
CryptoNewsLand58m ago
BitTensor AI Token Plunges as Top Builder Departs Over Decentralization Doubts
In brief
TAO has fallen more than 18% in the last 24 hours amid a spat between the network's founder and a leading ecosystem contributor.
The subnet operator, Covenant AI, is leaving BitTensor after alleging centralized control by the project's founder, Jacob Steeves.
Steeves denied the
Decrypt2h ago
Market in excessive panic? MicroStrategy founder: Bitcoin has already bottomed out, and the quantum threat is an overblown worry
Michael Saylor asserted that Bitcoin has already finished bottoming out when it reached $60k, and he believes concerns about threats from quantum computers are exaggerated. He predicts that in the future, Bitcoin will become the core of a digital credit system, and he mentioned that selling pressure in the market is limited, which could help drive a new bull market. Mizuho also gave a positive assessment of his company’s future performance.
CryptoCity3h ago
SHIB Slumps 93% From ATH as Bulls Struggle to Regain Control
SHIB price fell 93% from its all-time high, losing most of its previous momentum.
Holder growth continues, with new wallets joining despite weak market conditions.
Bulls are struggling to regain control, but on-chain signals suggest potential long-term recovery.
Shiba Inu once captured m
CryptoNewsLand3h ago
