Wall Street's $4 Quadrillion Foundation Set to Launch Tokenized US Treasuries
DTCC's Tokenization Initiative: The Depository Trust and Clearing Corporation (DTCC) plans to bring tokenized US Treasurys onchain using the Canton Network, with intentions to expand to a variety of DTC-eligible assets in the future.
SEC's No-Action Letter: The DTCC received a no-action letter from the SEC, allowing it to operate a securities tokenization service on pre-approved blockchains for three years without enforcement action, focusing initially on highly liquid assets like US Treasury securities and ETFs.
Future Developments: A minimum viable product is expected to launch by the first half of 2026, with the project expanding based on client interest, while the DTCC will co-chair the Canton Network's governance alongside Euroclear.
Market Outlook: Analysts suggest that while the tokenization of securities may not immediately benefit the crypto market, it could integrate into decentralized finance (DeFi) in the future as technology and regulations evolve.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for CC
Technical Sentiment Analysis for Canton Network (CC) As of , Canton Network (CC) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 3 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, CC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Canton Network (CC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.115 | 0.135 | 0.155 | 0.176 | 0.195 | 0.216 | 0.236 |
| Fibonacci | 0.135 | 0.151 | 0.16 | 0.176 | 0.191 | 0.2 | 0.216 |
About CC
About the author
