DTCC Launches Pilot Program for Treasury Tokenization on Blockchain
DTCC's Pilot Program: The DTCC has received SEC approval to pilot the tokenization of U.S. Treasury securities on the Canton Network, starting in the latter half of 2026, marking a significant step towards blockchain integration in finance.
Enhancing Liquidity and Efficiency: The pilot aims to improve liquidity and trading efficiency through tokenization, potentially transforming asset management on blockchain and enabling 24/7 trading capabilities.
Support from Major Firms: The initiative is backed by major financial institutions, including BlackRock and Goldman Sachs, and follows successful earlier tests involving 26 organizations that demonstrated improved financial processes.
Accelerating Blockchain Adoption: Industry experts believe this pilot will accelerate blockchain adoption among financial institutions, potentially leading to new financial products and reshaping private finance ecosystems.
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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 |
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