RedStone’s planned pricing tool will let institutions on Canton use shared market prices without exposing deal terms to data providers.
The Canton Foundation approved almost 15.8 million Canton Coin (worth about $1.55 million at the time of writing) to fund RedStone’s open-source pricing tool for institutions.
The CC token, last trading at roughly $0.0979, has a market cap of $3.91 billion, according to Coingecko data, with $23.23 million in trading the past 24 hours.
The Canton Access and Privacy Standard (CAPS) is designed to let institutions use a shared market price to value transactions without revealing their agreed settlement amounts to data providers, according to Thursday’s announcement shared with Cointelegraph.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments