@ryan177
Canton Network supporters plan to raise $500 million to establish a listed entity to invest in Canton Coin
Some supporters of Canton Network are in talks to raise about $500 million to establish a publicly listed entity for investing in the bank-backed blockchain token Canton Coin.
The entity also plans to operate the network as a super validator and develop related applications. DRW Holdings and Liberty City Ventures will contribute the majority of the funds in Canton Coin, with an additional $100 million to $200 million expected from external investors. Sources say that Liberty City Ventures Managing Director Mark Toomey will serve as the entity's president, while former DRW Chief Operating Officer