La red CANTON impulsa plataformas de comercio institucional, mientras que el mercado de monedas de privacidad enfrenta desafíos en términos de gobernanza.

Temple Digital Group has launched a 24/7 institutional trading platform on the Canton Network, supporting non-custodial trading of cryptocurrencies and stablecoins according to Cointelegraph. Zcash's governance crisis in late 2025 led to the resignation of its Electric Coin Company team, exposing governance fractures and triggering a price decline as reported by AInvest. The Canton-based platform enables atomic settlement and privacy-preserving transactions, with support for tokenized assets and expanding institutional use cases according to CoinMarketCap.

Temple Digital Group has launched a non-custodial trading platform on the Canton Network, enabling institutional-grade 24/7 trading of cryptocurrencies and stablecoins. The platform allows institutions to transact with approved counterparties while maintaining full control over their assets as detailed by Cointelegraph. This development is part of a broader shift in digital finance toward private, permissioned blockchain ecosystems that balance innovation with compliance according to CoinMarketCap.

The Canton Network, developed by Digital Asset, has attracted major financial institutions and is being used for tokenized Treasuries and collateral management. A recent trial on the network demonstrated real-time reuse of tokenized Treasuries as collateral, highlighting the potential for blockchain to reduce frictions in traditional markets according to CoinMarketCap.

In late 2025, Zcash faced a significant governance crisis as its Electric Coin Company (ECC) team resigned en masse. The exodus highlighted deep divisions between ECC and the Bootstrap governance model, raising concerns about the project's long-term resilience and liquidity as reported by AInvest. The resignation triggered a 16–25% price drop and exposed vulnerabilities in the privacy coin sector, particularly around governance alignment and regulatory adaptability according to AInvest.

What Institutional Trading Platform Features Are Enabling 24/7 Trading?

The new platform offers a central limit order book with sub-second matching and execution monitoring tools tailored for institutional trading desks. It supports non-custodial trading, ensuring participants retain custody of assets without relying on a central intermediary according to Cointelegraph.

The system is designed to operate around the clock, aligning with the global, non-stop nature of cryptocurrency markets. This 24/7 access is a key feature for institutional participants seeking to manage portfolios across time zones and market conditions according to CoinMarketCap.

Regulatory compliance is also a cornerstone of the platform. It includes tools for transaction reporting, audit trails, and identity verification to meet standards such as the Travel Rule. The integration with Canton's private and permissioned infrastructure further ensures that transactions remain confidential between transacting parties according to CoinMarketCap.

How Are Governance Challenges Affecting Privacy Coins Like Zcash?

Zcash's governance crisis underscores the challenges faced by privacy coins in maintaining decentralized governance and mission alignment. The ECC team resigned over disagreements with the Bootstrap board, which they claimed was prioritizing regulatory compliance and institutional partnerships over the project's mission of "unstoppable private money" as reported by AInvest.

The exodus raised concerns about the project's ability to execute future upgrades like NU7 and NU8. Institutional partners also hesitated to adopt Zcash due to governance instability, compounding the risks for privacy-focused assets according to AInvest.

Privacy coins like Zcash face unique challenges in balancing privacy with regulatory requirements. The Zcash technical roadmap for 2025–2026 remains intact, with plans to advance quantum-recoverable protocols. However, the governance crisis highlighted the need for stronger governance alignment, liquidity partnerships, and regulatory adaptability according to AInvest.

What Are the Risks and Limitations of Privacy Coin Governance Models?

Privacy coins face heightened risks from governance instability and regulatory scrutiny. Zcash's governance crisis exposed the potential for protocol fragmentation, which could lead to forks or divergent development paths according to AInvest. The absence of a unified governance model left the project vulnerable to internal divisions and external pressures.

Institutional adoption of privacy coins also remains limited due to governance concerns. Zcash's optional privacy model and institutional adoption through products like the Grayscale Zcash Trust position it differently from Monero's mandatory anonymity according to AInvest. However, the governance instability observed in Zcash raises broader concerns for investors in privacy-centric assets.

The proposed zBloc governance model aims to decentralize decision-making through stakeholder committees and a 20% block reward Community Fund. Yet, its success remains uncertain, and the sector as a whole may need to address governance alignment and accountability to sustain long-term growth according to AInvest.

The Canton Network's recent developments highlight how institutional infrastructure is evolving to accommodate digital assets. With Franklin Templeton, DTCC, and JPMorgan expanding their Canton-based offerings, the network is becoming a key player in the tokenization of traditional assets. This trend could reshape the institutional digital asset landscape and influence broader market dynamics according to CoinMarketCap.

As institutional adoption accelerates, the Canton Network and its partners continue to drive innovation in digital finance. The recent rise of the Canton Coin (CC), which has surged over 80% in the past month, reflects growing institutional interest and confidence in the network's capabilities according to CoinMarketCap.