Canton drives privacy coins surge as Midnight, Zcash, and Monero rise

Canton experienced a notable rise of 7% early in trading, while Midnight increased by 2.5%. The positive momentum in privacy coins is highlighted by Zcash’s remarkable growth of over 600% and Monero’s steady rise of 1.5%.

The surge in privacy coins follows DTCC’s partnership with Canton Network to tokenize U.S. Treasuries. This news reflects a growing institutional interest and contributes to the overall market resilience despite recent negative employment data for the U.S.

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