Shinhan Asset joins Canton Network, to help build token infrastructure

Shinhan Asset Management has been approved to serve as a super validator, a key node for Canton Network in South Korea, Yonhap reported. The institutional global blockchain platform’s super validators support network operations and take part in governance decisions without holding virtual assets. Yonhap said the role is similar to the way financial institutions participate as nodes in distributed ledgers for tokenized securities. The move follows a June agreement between the two sides to build a framework for governance participation.

Source: Coinness