Canton Network, created by Digital Asset, is strengthening its presence in South Korea through investments and partnerships with major financial firms including Shinhan, Hanwha Investment & Securities, and LG CNS. These collaborations focus on advancing tokenization, digital assets, and financial infrastructure, with Shinhan Financial Group becoming a strategic investor and signing agreements to cooperate on governance and digital asset development. Hanwha and LG CNS also signed memorandums of understanding to explore Canton-based services and integrate infrastructure, supporting South Korean institutions' participation in the network. This expansion highlights growing institutional interest in blockchain-based financial solutions in Asia, aiming to move beyond experimentation to production use cases.
Canton Network's expansion in South Korea provides context for digital asset interest, with Pluang data showing that as of Oct 12, 2026 16:41 WIB, 37 of 50 major cryptocurrencies rose while 12 fell. Notable movers include ALGO at Rp2.319 (+9.49%), EOS at Rp12.649 (+8.13%), and XTZ at Rp5.788 (+8.11%), with varied typical hold times and order activity patterns.
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