Canton Foundation grants RedStone 15.8M Canton Coin for pricing standard
RedStone’s planned pricing tool will let institutions on Canton use shared market prices without exposing deal terms to data providers.
The Canton Foundation has granted RedStone $15.8 million in Canton Coin (CC) to develop an open-source pricing tool for institutions using the Canton network. The Canton Access and Privacy Standard (CAPS) aims to enable institutions to utilize shared market prices for transactions while keeping their settlement amounts confidential from data providers.
RedStone's pricing tool, which will be made available under the Apache 2.0 open-source license, will initially focus on tokenized funds, private-market assets, and structured products. The Foundation's head, Viv Diwakar, emphasized that supporting initiatives like CAPS helps establish a shared privacy and licensing framework for multiple data providers on the network.
RedStone has been providing pricing data on Canton since December 2025, working alongside ecosystem participants like Temple Digital Group.
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