Canton Network's involvement with major institutions like Nasdaq and S&P Global is viewed positively by market observers, who see it as a bullish sign for the project's future. The network, which operates its own chain (DTCC), is primarily focused on profitability, with less concern about where their products are exported.
Despite having a higher percentage of token unlocks compared to projects like Chainlink, Canton Network's early institutional backing is seen as a strong indicator of potential success. Observers are eager to see the network go live, although they note that tokenomics remains a challenging aspect for many crypto projects.
Canton Network's Institutional Involvement Seen as Bullish
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