Despite limited liquidity during the holiday period, Canton Network's CC token surged over 25% on Christmas Eve, making it the biggest gainer among cryptocurrencies that day. The rally is attributed to institutional investors' enthusiasm for real-world asset tokenization, following the U.S. Securities and Exchange Commission (SEC)'s confirmation that Canton Network will achieve U.S. Treasury bond tokenization by 2026 and the issuance of a no-action letter in support.
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Despite limited liquidity during the holiday period, Canton Network's CC token surged over 25% on Christmas Eve, making it the biggest gainer among cryptocurrencies that day. The rally is attributed to institutional investors' enthusiasm for real-world asset tokenization, following the U.S. Securities and Exchange Commission (SEC)'s confirmation that Canton Network will achieve U.S. Treasury bond tokenization by 2026 and the issuance of a no-action letter in support.