Canton Coin (CC)
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Tharimmune, Inc. Appoints Jacob Asbury as Chief Financial Officer to Advance Canton Coin Treasury Strategy
Businesswire· 2025-12-12 13:15
Core Viewpoint - Tharimmune, Inc. has appointed Jacob Asbury as Chief Financial Officer to enhance its financial strategy and operations, particularly in relation to its digital asset treasury strategy leveraging Canton Coin [1][3]. Group 1: Company Leadership and Strategy - Jacob Asbury brings nearly two decades of financial leadership experience, having previously served as CFO at Clear Street Group and other firms, which positions him well to oversee Tharimmune's financial operations [2]. - The appointment of Asbury is seen as a commitment to advancing the Canton Network's infrastructure and enhancing shareholder value through innovative financial operations [3]. - Tharimmune's digital asset treasury strategy, established in November 2025, aims to create value by acquiring Canton Coin and operating as a Super Validator, thereby investing in applications that promote institutional adoption in capital markets [3]. Group 2: Company Overview - Tharimmune, Inc. is the first publicly traded company to utilize Canton Coin, supporting the Canton Network's goal of digitizing financial markets and promoting blockchain adoption [4]. - In addition to its focus on digital assets, Tharimmune is also engaged in clinical-stage biotech research and development, indicating a diversified business model [4].
BitGo Adds Canton Coin Custody as First US Qualified Provider
Yahoo Finance· 2025-10-29 16:01
Core Insights - BitGo has announced custody support for Canton Coin (CC), becoming the first US-based qualified custodian to offer this service, which allows institutions to hold and manage CC, the native token of the Canton Network's Global Synchronizer infrastructure [1][2] Group 1: Custody Service Details - The custody service includes regulated cold-storage custody with institutional oversight, providing $250 million in insurance coverage and multi-signature protection for Canton Coin holdings [2] - Institutional clients will have access to self-custody wallets for treasury operations, along with streamlined reporting and audit tools to meet regulatory standards [2] Group 2: Institutional Adoption and Infrastructure - BitGo's Chief Revenue Officer emphasized the company's commitment to supporting institutional adoption of digital asset networks and providing meaningful utility enabled by Canton [3] - The Canton Network is designed as a privacy-enabled blockchain for regulated financial markets, with approximately 22 billion CC in circulation and over 300 participants in the ecosystem [4] Group 3: Future Plans and Expansion - BitGo plans to expand its infrastructure to support a full range of Canton Network assets, including future capabilities like withdrawal functionality, token standard integration, stablecoin support, and Go Network compatibility [7] - The Canton Foundation is seeking admission for trading in the EU, with an expected initial listing on Kraken's EU platform [5][6]