Herald Business: KB, Shinhan, and Hanwha deepen Canton MOUs as Korea eyes STO/RWA
The Herald Business (July 19, 2026): Canton Network is accelerating outreach to Korean banks and securities firms as domestic STO and RWA markets near launch. Financial industry sources cited MOUs this year between Digital Asset/Canton Foundation and Hanwha Investment Securities, KB Securities, Shinhan Investment, and Shinhan Asset Management—covering governance participation, Wavebridge-backed DLT trading infrastructure for the domestic capital market, and global distribution of digital financial products. The piece explains Canton’s federated privacy model (600+ participants including JPMorgan, Goldman Sachs, DTCC; ~$9T/month tokenized repo activity cited) and why issuers see Canton as a channel for overseas tokenized products and domestic beneficiary certificates. It also flags open questions: cross-chain interoperability with Ethereum/Solana, and whether Canton’s selective disclosure satisfies Korea’s Electronic Securities Act node requirements ahead of expected STO subordinate rules this month. CC ranked ~#17 on CoinMarketCap as of the report.