💨 Abstract

Hydra X, a leading market infrastructure provider, has successfully launched the Sigma Value Token on the Canton Network, marking the first tokenized structured product on an institutional-grade blockchain. This follows a strategic partnership with Canton Network, a purpose-built Layer 1 protocol for financial institutions. The Sigma Value Token is a market-neutral, high-yield note designed for institutional investors and offers steady returns independent of ETH price movements.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖

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