Institutional Giants Plan $500M Canton Coin Treasury Fund
DRW Holdings and Liberty City Ventures are spearheading a $500 million fundraising initiative to establish a Canton Coin treasury, signaling robust institutional confidence in the Canton Network blockchain. The fund will hold Canton Coin (CC), the network's native token, with DRW and Liberty City expected to anchor the majority of the capital. External investors may contribute up to $200 million, though terms remain fluid.
The Canton Network, designed for compliant institutional trading, has garnered backing from major financial players. DRW's Chicago-based trading expertise and Liberty City's venture capital focus underscore the convergence of traditional finance and blockchain innovation. This MOVE reflects a broader trend of institutional capital flowing into digital asset infrastructure.
