- Digital Asset and leading market participants announce their plans to launch the Canton Network, the industry’s first privacy-enabled interoperable blockchain network.
- Canton Network participants included Goldman Sachs Group, Inc (NYSE:GS), Microsoft Corp (NASDAQ:MSFT), Deloitte, and Cboe Global Markets.
- The Canton Network will create a ‘network of networks,’ allowing previously siloed systems in financial markets to interoperate with the appropriate governance, privacy, permissions, and controls required for highly regulated industries.
- Also Read: What’s Going On With Coinbase Shares Today
- The Canton Network enables financial institutions to experience a safer and reconciliation-free environment where assets, data, and cash can synchronize freely across applications.
- In July, Canton Network participants will begin testing interoperability capabilities across various applications and use cases.
- The other participants include 3Homes, ASX, BNP Paribas, Broadridge, Capgemini, Cumberland, Deutsche Börse Group, Digital Asset, The Digital Dollar Project, DRW, Eleox, EquiLend, FinClear, Gambyl, IntellectEU, Liberty City Ventures, Moody’s, Paxos, Right Pedal LendOS, S&P Global, SBI Digital Asset Holdings, Umbrage, Versana, VERT Capital, Xpansiv, and Zinnia.
- Photo by Gerd Altmann from Pixabay
Cowen & Co. Maintains Outperform on Allegro Microsystems, Raises Price Target to $38
Cowen & Co. analyst Joshua Buchalter maintains Allegro Microsystems (NASDAQ:ALGM) with a Outperform and raises the price target from $30 to $38.
