Canton’s Network Tokenization News Lifts CC Coin Amid DTCC Move

SEC no-action letter clears Canton Network’s tokenization pathways, fueling CC’s price rally and broader investor interest.

Rich by Coin

2025-12-21

CC rose more than 30% in the last 24 hours as Canton Network’s tokenization push drew investor attention. The SEC issued a no-action letter to DTCC, enabling the tokenization of assets such as U.S. Treasuries on the Canton Network and broadening the assets accessible to DTCC’s depository infrastructure.

Following a partnership with modular blockchain oracle RedStone, CC rose more than 5%. USDCX, a privacy-focused stablecoin based on USD Coin, is issued on the Canton chain. Franklin Templeton expanded its Benji platform onto the Canton Network.

Digital Asset, the Canton Network developer, raised $50 million in funding with participation from BNY and Nasdaq. DTCC adoption of Canton Network for U.S. Treasuries tokenization marks a significant milestone for asset tokenization infrastructure. OKX and Bybit announced pre- and perpetual futures listings for CC on the Canton Network, with Binance and HyperLiquid expected to follow. U.S. investors are reportedly pursuing the establishment of a Canton Coin Treasury valued at $500 million.