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RedStone wins 15.8M CC grant to build private market pricing tool on Canton Network

Protocol Fundamentals
29 Oct 2026, 17:08 WIB
Crypto Briefing
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Bullish
RedStone wins 15.8M CC grant to build private market pricing tool on Canton Network

RedStone received a 15.8 million Canton Coin (CC) grant from the Canton Foundation to develop an open-source pricing tool for institutions on the Canton Network. This tool will allow banks to share market prices without revealing sensitive deal details, addressing privacy concerns in financial trading on blockchain. The project builds on RedStone's existing oracle infrastructure and the Canton Access and Privacy Standard (CAPS), aiming to enhance secure, private price sharing for tokenized assets and capital markets workflows. The grant is milestone-based, encouraging progress tracking, and supports Canton's goal of being a privacy-first chain for traditional finance.

RedStone's price on Pluang is Rp2.734, showing a slight decline of 0.22% over the past day. The token holds a market cap of Rp1,53 trillion with a 24-hour trading volume of Rp44,42 million. These figures are current as of Oct 29, 2026 21:23 WIB.

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