SEC calling Canton Coin a commodity, not a security, is HUGE. Combine that with DTCC building on Canton Net for tokenization. This is exactly how Wall Street gets in. So bullish on this narrative finally playing out.
Canton Coin Gets SEC Nod as Wall Street Tokenization Heats Up
SEC staff said they view Canton Coin as a digital commodity and won’t recommend enforcement over how it’s minted, a week after DTCC launched a tokenization service that runs partly on the Canton Network.