Canton’s $1.55M Oracle Boost Puts a Price Tag on Privacy—Without Untagging the Deal

The Canton Foundation approved nearly 15.8 million Canton Coin, worth about $1.55 million at the time of writing, to fund RedStone’s open-source pricing tool for institutional transactions on Canton Network. The CC token was last trading at roughly $0.0979, with a market cap of $3.91 billion and $23.23 million in trading over the previous 24 hours, according to Coingecko data.

The project uses the Canton Access and Privacy Standard (CAPS), which allows institutions to calculate transaction values from a shared market price without disclosing their agreed settlement amounts to data providers. “By supporting open-source initiatives like CAPS, the Foundation is helping establish a shared privacy and licensing framework that enables multiple data providers to serve the network,” said Viv Diwakar, head of the Canton Foundation.

Under CAPS, blockchain oracle provider RedStone will publish a reference price that can be used to calculate transaction values. Initial development will cover pricing for tokenized funds, private-market assets and structured products. RedStone will release the pricing calculations and licensing module under the Apache 2.0 open-source license, allowing other providers to adapt them.

RedStone has supplied pricing data for Canton since December 2025 and works with ecosystem participants including Temple Digital Group, according to the company. Canton Network said in a May blog post that it had onboarded more than 600 institutions, including Goldman Sachs, DTCC, BNY and Franklin Templeton, while processing around $9 trillion in monthly transaction volume.