TREE NEWS update: The Canton Foundation has granted RedStone 15.8 million Canton Coin to develop a pricing standard for the network. RedStone’s planned pricing tool will let institutions on Canton use shared market prices without exposing deal terms to data providers. The grant supports building shared price infrastructure for institutional users on the Canton blockchain.
Canton Foundation grants RedStone 15.8M Canton Coin for pricing standard
The size of the grant signals that Canton is treating price infrastructure as a core institutional requirement rather than a side project, and the privacy design—shared prices without leaking deal terms—targets the specific objection that keeps regulated firms off public data rails. RedStone gains a distribution foothold in an institutional network, though the value depends on whether Canton's users actually adopt a common standard over their own feeds. The open question is whether other data providers converge on the same standard or fragment the market into competing pricing silos.
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