Latest news with #HydraX
Business Insider
31-07-2025
- Business
- Business Insider
Maestro Joins Canton Network As a Validator to Strengthen Privacy-First Financial Systems
Austin, Texas, July 31st, 2025, Chainwire Maestro was granted a validator spot on Canton Network alongside other leading institutions from the financial and digital asset sectors, such as Binance, BitGo, Bank of America, Galaxy Digital, Mastercard, Citadel, and Nasdaq. Maestro will support the regulated financial institutions' adoption of blockchain systems by strengthening Canton's infrastructure. Maestro, the leading enterprise-grade infrastructure provider powering the future of digital finance, has announced that it has become a validator on the Canton Network, the only Layer-1 blockchain that offers configurable privacy and institutional-grade compliance at scale. This collaboration unites two firms focused on enabling privacy, control, and interoperability for financial institutions. Canton Network connects participants across financial markets, handling over $1 trillion in monthly transaction volumes. It recently completed a $135 million funding round led by DRW Venture Capital and Tradeweb Markets, with participation from major institutions including Goldman Sachs, Citadel Securities, and BNP Paribas. Nine of the world's 10 largest global investment banks are now part of the Canton Network ecosystem. Maestro is bringing its infrastructure expertise to Canton Network by supporting institutional-grade blockchain applications such as Bitwave, The Tie, Proof Group, BitSafe, HydraX, and IntellectEU — platforms that collectively process trillions of dollars in transactions annually. With a proven track record powering top Bitcoin applications and facilitating billions in transaction volume, Maestro is well-positioned to help support and scale these leading applications within the Canton ecosystem. Canton's validators include leading institutions from the financial and digital asset sectors. In July, a new set of validator slots was granted, including Binance, BitGo, Bank of America, Galaxy Digital, Mastercard, Citadel, and Nasdaq. Maestro will support the growing adoption of blockchain systems by regulated financial institutions by strengthening Canton's infrastructure. 'As the Canton Network continues to grow across various enterprise use cases and segments, infrastructure provided by Maestro and other validator partners will be instrumental in supporting the growing applications in the ecosystem.' said Melvis Langyintuo, Executive Director of the Global Synchronizer Foundation. Maestro Co-Founder & CEO Marvin Bertin said, 'We're proud to join the Canton Network as a validator. This partnership reflects our commitment to helping institutions adopt blockchain technology and upgrade the traditional financial rails with secure, compliant infrastructure.' Designed for regulated financial markets, Canton Network is used by leading banks, asset managers, and trading firms. These entities can access a range of financial products on Canton, including Bitcoin, which is attracting growing institutional interest. Maestro has processed billions of API calls on its platform and provided enterprise-grade infrastructure to hundreds of companies. Its arrival in Canton will bring this expertise to help support the network, which forms a major hub for enterprises. Maestro is the first enterprise-grade infrastructure provider tailor-made for Bitcoin DeFi. Its mission is to accelerate the world's transition to the Bitcoin Economy by delivering a comprehensive, scalable infrastructure stack optimized for on-chain finance. By empowering developers and businesses with robust software tooling, Maestro is setting a new standard for how financial applications are built on Bitcoin, fueling the evolution of a decentralized, blockchain-native financial system. Learn more: About The Canton Network The Canton Network is the first public, blockchain purpose-built for institutional finance—uniquely combining privacy, compliance, and scalability. Governed by the Global Synchronizer Foundation with participation from leading global financial institutions, Canton enables real-time, secure synchronization and settlement across multiple asset classes on a shared, interoperable infrastructure. Initially developed by Digital Asset and now open-sourced, Canton supports decentralized governance and collaborative app development. By overcoming the limitations of existing blockchains, Canton unlocks new efficiencies for regulated institutions and facilitates the convergence between traditional finance and institutional crypto. Learn more at: About the Global Synchronizer Foundation Global Synchronizer Foundation's mission is to foster the development and growth of the Global Synchronizer in the Canton Network and facilitate its governance. The GSF provides transparency and member engagement in decisions made by the operators (Super Validators) of the Global Synchronizer to ensure a reliable, fair, and trusted service for the Canton Network. Blockchain applications in the Canton Network can use the Global Synchronizer to enable atomic transactions across sovereign blockchains without sacrificing privacy or control. Learn more at:
Korea Herald
08-04-2025
- Business
- Korea Herald
Hydra X Partners with Canton Network to Launch First Structured Product on the Network: Sigma Value Token
SINGAPORE, April 8, 2025 /PRNewswire/ -- Hydra X, a leading provider of end-to-end market infrastructure for digital and traditional financial markets for financial institutions, has announced the successful launch of the Sigma Value Token on the Canton Network—marking the first tokenized structured product to go live on the institutional-grade blockchain. This milestone follows a strategic partnership between Hydra X and Canton Network, a purpose-built Layer 1 protocol designed to meet the compliance, privacy, and scalability needs of financial institutions. "These types of structured investment opportunities are a great addition to the Canton Network ecosystem. Investors are looking for innovative ways to optimize yield and diversify their portfolios at the same time," said Georg Schneider, Head of Financial Products at Digital Asset. "Hydra X's Sigma Value Token showcases how institutions can leverage the Canton Network to deliver compliant, scalable, and privacy-preserving financial innovations to the market." The Sigma Value Token, developed by Sigma Value in partnership with Hydra X, is a market-neutral, high-yield note designed for institutional and accredited investors, and offers steady returns independent of ETH price movements. "The Sigma Value Token is just the beginning," said Mark Tang, VP of Client Solutions at Hydra X. "We're excited to deepen our collaboration with the Canton Network and introduce more tokenized products that reshape how capital markets operate." About Hydra X Hydra X is a leading provider of end-to-end market infrastructure for both digital and traditional financial markets. It offers a fully compliant digital asset ecosystem, designed to ensure seamless integration with traditional financial systems. With a strong focus on the tokenization of real-world assets, Hydra X enables institutions to unlock liquidity and efficiency in capital markets through secure, scalable, and interoperable infrastructure. Regulated by the Monetary Authority of Singapore (MAS) and other jurisdictions, the Hydra X group operates as a licensed broker for the distribution of securities, an exchange for secondary trading, and a custodian for secure safekeeping and settlement. For more information, visit our website or LinkedIn. About the Canton Network The Canton Network is the financial industry's first and only public chain that can achieve on-chain privacy, control, and interoperability, making it the most suitable network for institutional assets. The Network launched for testing with the participation of a group of leading financial institutions, infrastructure providers, technology firms, and consultants in August 2023. Initially built upon Digital Asset's technology, the Network's controls, governance, and app development have been open-sourced and decentralized to be managed by all participants, with the goal of fostering greater innovation and Network utility. The Canton Network's design overcomes the shortfalls of existing blockchain networks by enabling previously siloed systems in finance to become interoperable and synchronized in ways that had been impossible before. Offering the privacy and controls required for highly regulated organizations, the Canton Network creates a safe environment in which assets, data, and cash can move freely across applications in real-time, unlocking new efficiencies and powering innovation.
Yahoo
08-04-2025
- Business
- Yahoo
Hydra X Partners with Canton Network to Launch First Structured Product on the Network: Sigma Value Token
SINGAPORE, April 8, 2025 /PRNewswire/ -- Hydra X, a leading provider of end-to-end market infrastructure for digital and traditional financial markets for financial institutions, has announced the successful launch of the Sigma Value Token on the Canton Network—marking the first tokenized structured product to go live on the institutional-grade blockchain. This milestone follows a strategic partnership between Hydra X and Canton Network, a purpose-built Layer 1 protocol designed to meet the compliance, privacy, and scalability needs of financial institutions. "These types of structured investment opportunities are a great addition to the Canton Network ecosystem. Investors are looking for innovative ways to optimize yield and diversify their portfolios at the same time," said Georg Schneider, Head of Financial Products at Digital Asset. "Hydra X's Sigma Value Token showcases how institutions can leverage the Canton Network to deliver compliant, scalable, and privacy-preserving financial innovations to the market." The Sigma Value Token, developed by Sigma Value in partnership with Hydra X, is a market-neutral, high-yield note designed for institutional and accredited investors, and offers steady returns independent of ETH price movements. "The Sigma Value Token is just the beginning," said Mark Tang, VP of Client Solutions at Hydra X. "We're excited to deepen our collaboration with the Canton Network and introduce more tokenized products that reshape how capital markets operate." About Hydra X Hydra X is a leading provider of end-to-end market infrastructure for both digital and traditional financial markets. It offers a fully compliant digital asset ecosystem, designed to ensure seamless integration with traditional financial systems. With a strong focus on the tokenization of real-world assets, Hydra X enables institutions to unlock liquidity and efficiency in capital markets through secure, scalable, and interoperable infrastructure. Regulated by the Monetary Authority of Singapore (MAS) and other jurisdictions, the Hydra X group operates as a licensed broker for the distribution of securities, an exchange for secondary trading, and a custodian for secure safekeeping and settlement. For more information, visit our website or LinkedIn. About the Canton Network The Canton Network is the financial industry's first and only public chain that can achieve on-chain privacy, control, and interoperability, making it the most suitable network for institutional assets. The Network launched for testing with the participation of a group of leading financial institutions, infrastructure providers, technology firms, and consultants in August 2023. Initially built upon Digital Asset's technology, the Network's controls, governance, and app development have been open-sourced and decentralized to be managed by all participants, with the goal of fostering greater innovation and Network utility. The Canton Network's design overcomes the shortfalls of existing blockchain networks by enabling previously siloed systems in finance to become interoperable and synchronized in ways that had been impossible before. Offering the privacy and controls required for highly regulated organizations, the Canton Network creates a safe environment in which assets, data, and cash can move freely across applications in real-time, unlocking new efficiencies and powering innovation. Learn more at: View original content to download multimedia: SOURCE Hydra X Sign in to access your portfolio
