Canton Foundation backs RedStone pricing standard with 15.8 million Canton Coin grant

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Canton backs RedStone pricing

Highlights

Canton Foundation awarded a 15.8 million Canton Coin grant to support RedStone's CAPS pricing framework enabling confidential institutional transaction valuation.
RedStone will provide open-source reference prices for tokenized funds and private-market assets, with pricing and licensing modules licensed under Apache 2.0.
Canton Coin trades at $0.0979 with a $3.91 billion market cap and $23.23 million daily volume as Canton Network processes $9 trillion monthly for 600+ institutions.

Funding supports institutional pricing framework

As reported by Cointelegraph, the grant is tied to the Canton Access and Privacy Standard, or CAPS, which is designed to let institutions use a shared market price to value transactions without disclosing agreed settlement amounts to data providers.

In Thursday’s announcement shared with the outlet, the foundation says the standard helps create a common privacy and licensing structure that can support multiple data providers on the network. Viv Diwakar, head of the Canton Foundation, says support for open-source initiatives such as CAPS helps establish a shared framework for the ecosystem.

Under the standard, blockchain oracle provider RedStone will publish a reference price that institutions can use to calculate transaction values. Initial development covers pricing for tokenized funds, private-market assets and structured products, while the pricing calculations and licensing module are set to be released under the Apache 2.0 open-source license.

Network scale and market implications

RedStone says it has provided pricing data on Canton since December 2025 and works with ecosystem participants including Temple Digital Group. The latest funding adds to Canton Network’s push to build infrastructure for institutional digital asset activity, where privacy, standardized valuation and interoperable data services are central requirements.

CoinGecko data cited in the report shows Canton Coin, or CC, last trades at about $0.0979, giving it a market capitalization of $3.91 billion, with $23.23 million in trading volume over the past 24 hours. In a May blog post, Canton Network says it has onboarded more than 600 institutions, including Goldman Sachs, DTCC, BNY and Franklin Templeton, and is processing around $9 trillion in monthly transaction volume.

Our earlier report on Q3 2026 cybersecurity funding showed that investment in security and privacy startups remained resilient, with total funding rising to $6.8 billion even as the number of deals fell. We noted that larger late-stage rounds—especially in AI-driven and identity security—were lifting totals, alongside continued consolidation through major acquisitions.

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