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Canton Foundation grants 15.8M CC to RedStone for CAPS development with milestones for adoption.

Protocol Fundamentals
29 Oct 2026, 21:43 WIB
Tokenpost
View Source
Bullish
Canton Foundation grants 15.8M CC to RedStone for CAPS development with milestones for adoption.

The Canton Foundation approved a grant of 15,775,000 Canton Coin (CC) to RedStone for developing the Canton Access and Privacy Standard (CAPS), a pricing framework aimed at institutional use. Half of the grant is contingent on meeting eight milestones over 12 months, including active price feeds and liquidity targets. CAPS aims to provide a unified reference price while protecting institutional data privacy. The project is open source and targets tokenized funds, private market assets, and collateral pricing, supported by the Canton Foundation's Development Fund.

The Canton Foundation's grant of 15,775,000 Canton Coin to RedStone for developing CAPS provides context for readers. For those following the broader cryptocurrency market, here is Pluang's snapshot as of Oct 30, 2026 01:32 WIB: out of 50 major cryptocurrencies priced on Pluang, 24 rose and 25 fell. Notable movers include ALGO at Rp1.819 with a 1-day change of -2.15% and a Pluang order activity split of 46% Sell / 54% Buy, FTM at Rp11.382 down 2.05%, and VET at Rp112 down 1.99% with 62% Sell / 38% Buy activity.

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