CC (CC)

Why did we raise our last round:

We’re already profitable. So why raise?

For years we’ve asked ourselves what it would take to truly bring finance OnChain. We believe @CantonNetwork has finally identified the components needed to establish crypto rails as a new global settlement layer, rather than treating crypto wallets as a mere distribution mechanism (as most “tokenization” does today). Those components are: privacy, issuer control and sovereignty, governance, and alignment of economics.

We have the largest organizations in the world moving their core businesses to run on Canton. That will drive utility to canton-network:native. @digitalasset’s entire business is canton-network:native.

So why raise? Because we have a unique opportunity right now. Organizations are willing. Regulators are willing. Admin is willing. We could wait for organic growth, or DA can step in to accelerate it. Rather than wait for large corporates with long budget cycles to build this infrastructure, DA will build much of what’s

Tokenised Stable Mobile Money Just Went Live in Five Key African Countries

@YiksiExchange has listed several tokenised stable coins via @CantonNetwork, each backed 1:1 with USD. The move will bring never before seen cross-border use cases to users in Somalia, Kenya, Uganda, Botswana, and Tanzania.

The development follows Yiksi’s decision to list Canton’s native $CC on its platform in May, reflecting an even deeper commitment to both the @CantonFdn ecosystem, and providing entirely new financial utility to citizens in some of Africa’s biggest economies.

Africa is coming onchain. Be ready.