
Wall Street-Backed Canton Network Expands in South Korea With Shinhan, Hanwha, LG CNS
- —Shinhan Asset Management becomes first Korean super validator on Canton Network
- —Hanwha Investment & Securities invested about 30 billion won ($22.44 million) in Digital Asset
- —LG CNS signed a strategic partnership with Canton Network
- —Canton processes over $300 billion in daily value transfers for institutions
Why it matters: A Wall Street-backed institutional blockchain is cementing its foothold in Asia, intensifying competition for tokenized financial assets.
Source: CoinGape
More on this
DeFi · Oct 6Securitize and LG CNS Sign MOU to Explore Tokenized Assets in South Korea
DeFi · Sep 28LG CNS: Digital Wallets Will Be the Core Financial Channel, On-Chain Interoperability Needed
DeFi · Sep 21Injective completes first on-chain trade finance pilot with POSCO International and LG CNS