CC (Canton) 24-hour increase of 14.37%

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.