Search results for Canton Network
Crypto
Hanwha Investment & Securities signs MOU with Digital Asset Holdings, joins Canton Network
Hanwha Investment & Securities said on April 20 it signed a memorandum of understanding with Digital Asset Holdings LLC, a blockchain infrastructure company focused on global finance. Digital Asset, headquartered in New York, operates the Canton Network, a blockchain adopted by major global financial institutions including Goldman Sachs, the Depository Trust and Clearing Corporation, Euroclear, Hong Kong Exchanges and Clearing and HSBC. Hanwha said it plans to strengthen competitiveness in digital assets and next-generation financial services through participation.
Crypto
Argentina banks pilot JPM Coin test for real-time settlement
Argentine banks are running a pilot test of JPMorgan’s deposit token, JPM Coin, to improve the efficiency of payment settlements, Cointelegraph reported on Monday citing local outlet iProUP. Argentina’s central bank bans banks from offering cryptocurrency services, but allows the use of crypto-based tools within internal infrastructure. Banco CMF is taking part through its newly launched corporate arm QORP, and other banks are considering joining.
Crypto
Goldman Sachs-backed Canton Network integrates with LayerZero
Goldman Sachs-backed Canton Network has integrated with cross-chain protocol LayerZero to support the movement of digital assets between blockchains, The Block reported on March 26. Designed for financial institutions, the integration enables connections to more than 165 public blockchains. Digital Asset, a key developer of Canton Chain, raised $135 million in investment last year and is backed by Goldman Sachs, Microsoft and DTCC.
