The Canton Foundation has approved a grant of nearly 15,8 million Canton Coins, valued at approximately $1,52 million, to the Redstone oracle network. The primary objective is to fund the development of open-source pricing software that will allow institutional entities to trade without exposing sensitive data.
This initiative seeks to overcome one of the main barriers to entry for large firms in the traditional financial sector: the confidentiality of their settlements and contracts when connecting with oracles and decentralized public networks.
Strategic funding for the CAPS privacy standard
The agreement stipulates that the Canton Foundation approves nearly 15,8 million Canton Coin to fund Redstone pricing tool geared towards the corporate market. This development is based on the so-called Canton Access and Privacy Standard (CAPS), a technical framework designed to allow financial institutions to calculate transactions using common market prices without having to disclose their agreed settlement amounts to data providers.
Viv Diwakar, head of the Canton Foundation, emphasized that supporting open-source initiatives like CAPS helps consolidate a common privacy and licensing framework for multiple data providers to serve the network. The network's native token, Canton Coin (CC), was trading around $0,0979 at the time the agreement was announced, giving the asset a market capitalization of approximately $3.910 billion and a 24-hour trading volume of $23,23 million.
Open source for tokenized assets and investment funds
The technical standard driven by Redstone will publish price references so counterparties can mathematically value their trades without disclosing the private terms of the contract. The initial phase of this development will cover pricing for tokenized mutual funds, private market assets, and complex structured instruments. In this institutional context, learning about Blockchain and decentralized finance at Bit2Me Academy This is key to understanding how smart contracts converge with bank custody requirements.
The entire pricing and licensing module will be distributed under the Apache 2.0 open-source license. This legal framework allows other developers and oracle providers to adapt the code to their infrastructures, encouraging competition and preventing technological monopolies in data provision. Redstone has been providing pricing information in the Canton area since December 2025 and collaborates with active ecosystem participants such as Temple Digital Group.
The push for institutional tokenization at Canton Network
Canton Network's infrastructure has positioned itself as a bridge between decentralized finance and corporate giants. The organization stated that it has onboarded more than 600 global institutions, including entities such as Goldman Sachs, DTCC, BNY, and Franklin Templeton. The network processes approximately $9 trillion in monthly transaction volume through its privacy-focused architecture.
As the adoption of distributed ledger technology (DLT) infrastructures increases, so does the need for robust real-world asset (RWA) solutions. Those users seeking buy Bitcoin or other crypto assets in regulated environments are closely watching how technical standards created for large asset managers end up setting security and regulatory compliance precedents for the entire global industry.
Regulatory compliance and the MiCA framework in Europe
The integration of transparent and privacy-verifiable oracle systems is particularly relevant under the European Union's Markets in Cryptoassets Regulation (MiCA). MiCA establishes strict guidelines on the custody and integrity of market data and the prevention of financial abuse, requiring that the tools used by intermediaries guarantee the auditability of their operations.
The use of permissive licenses like Apache 2.0 makes it easier for supervised entities within the European Economic Area to subject software to independent cybersecurity audits. By separating the publication of the reference price from the private commercial details of the transaction, entities can comply with the financial reporting and confidentiality standards required by EU regulators without compromising trade secrets.
FAQ
What is the CAPS standard driven by Redstone and Canton?
The Canton Access and Privacy Standard (CAPS) is an open-source architecture designed to enable institutional firms to value transactions using common reference prices. This technology ensures that transaction terms and settlement amounts remain confidential to third parties and data providers.
How much funding has RedStone received from the Canton Foundation?
The foundation approved an allocation of nearly 15,8 million Canton Coin (CC) tokens, equivalent to approximately $1,52 million at the time of the announcement. These funds are earmarked entirely for the development of open-source computing software and licensing.
Why is the Apache 2.0 license important in this project?
The Apache 2.0 license ensures that the developed code is accessible, auditable, and reusable by any participant or data provider in the ecosystem. This fosters a decentralized, transparent infrastructure that is compliant with international corporate compliance standards.
The collaboration between the Canton Foundation and Redstone represents a decisive step toward the professionalization of Web3 infrastructure applied to institutional finance. With the development of confidential and transparent calculation tools, the industry is responding to corporate demands for privacy and technical auditing.
The progressive adoption of open solutions like CAPS demonstrates that business data privacy and decentralization are not opposing goals, but complementary components for the evolution of the modern financial system.
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