Canton Network and the DTCC have made around $30 trillion in securities eligible for tokenization, including stocks, exchange-traded funds and U.S. Treasuries. Twenty financial institutions, including JPMorgan, Citi and Morgan Stanley, have joined the service, which allows registered wallets to transfer digital representations of securities held by the DTCC around the clock. The securities remain covered by the existing custody framework and investor protections, while their digital representations can move through approved blockchain infrastructure. The article also profiles Bitcoin Hyper, a Layer 2 project built on the Solana Virtual Machine that aims to accelerate payments, decentralized finance and tokenized assets on Bitcoin. The project reportedly raised more than $33.2 million ahead of its planned November 26 launch, with tokens priced at $0.0137 and staking rewards of up to 35% annually.
Source: Read the original article
