Update
Canton Foundation Grants RedStone 15.8M Canton Coin for Pricing Tool
The Canton Foundation has awarded RedStone a grant of 15.8 million Canton Coin (CC) to fund an open-source pricing tool for institutions on the Canton Network. The tool aims to provide shared market prices to institutions without revealing their deal terms, aligning with the Canton Access and Privacy Standard (CAPS). RedStone, an oracle provider, has already built Daml-native oracle infrastructure designed to fit Canton’s privacy framework. The grant is part of the Canton Foundation’s Protocol Development Fund, which allocates CC grants tied to milestones quarterly, financed by 5% of future CC emissions.