According to Bloomberg, some backers of Canton Network are in talks to raise approximately $500 million to establish a publicly listed entity aimed at investing in the bank-backed blockchain token, Canton Coin. The entity also plans to operate as a super validator for the network and develop related applications. DRW Holdings and Liberty City Ventures will contribute the majority of the funds in Canton Coin, with an additional $100 to $200 million expected to come from external investors. Sources say Liberty City Ventures Managing Director Mark Toomey will serve as the entity's president, while former DRW COO Mark Wendland will take on the role of CEO. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=51035