"These types of structured investment opportunities are a great addition to the Canton Network ecosystem"

"The Sigma Value Token, developed by Sigma Value in partnership with Hydra X, is a market-neutral, high-yield note designed for institutional and accredited investors"

Canton Network, the leading blockchain network for institutional assets, today announced that Hydra X, a leading provider of market infrastructure for both digital and traditional financial markets, has launched the Sigma Value Token on the Canton Network.

The token, which is available for purchase by institutional and accredited investors, is a market-neutral, high-yield note designed to offer steady returns to investors, who will receive regular interest payments in ETH. The note's principal will also be repayable in ETH at maturity.

Investors will be able to buy and sell the Sigma Value Token on a secondary market on the Hydra X exchange.

Hydra X and Sigma Value partnered to develop the token and streamline the integration process.

"These types of structured investment opportunities are a great addition to the Canton Network ecosystem. Investors are looking for innovative ways to optimize yield and diversify their portfolios at the time," said Georg Schneider, Head of Financial Products at Digital Asset. "Hydra X's Sigma Value Token showcases how institutions can leverage the Canton Network to deliver compliant, scalable, and privacy-preserving financial innovations to the market."

The Sigma Value Token is a market-neutral, high-yield note designed for institutional and accredited investors. It offers an attractive yield with low volatility, aiming to provide steady returns that are not dependent on ETH price movements.

"We are excited to launch the Sigma Value Token on the Canton Network and continue to introduce new tokenized products that reshape how capital markets operate," said Mark Tang, VP of Client Solutions at Hydra X.

About Hydra X

Hydra X is a leading provider of end-to-end market infrastructure for both digital and traditional financial markets. It offers a fully compliant digital asset ecosystem, designed to ensure seamless integration with traditional financial systems. With a strong focus on the tokenization of real-world assets, Hydra X enables institutions to unlock liquidity and efficiency in capital markets through secure, scalable, and interoperable infrastructure.

Regulated by the Monetary Authority of Singapore (MAS) and other jurisdictions, the Hydra X group operates as a licensed broker for the distribution of securities, an exchange for secondary trading, and a custodian for secure safekeeping and settlement.

About the Canton Network

The Canton Network is the financial industry's first and only public chain that can achieve on-chain privacy, control, and interoperability, making it the most suitable network for institutional assets. The Network launched for testing with the participation of a group of leading financial institutions, infrastructure providers, technology firms, and consultants in August 2023. Initially built upon Digital Asset's technology, the Network's controls, governance, and app development have been open-sourced and decentralized to be managed by all participants, with the goal of fostering greater innovation and Network utility. The Canton Network's design overcomes the shortfalls of existing blockchain networks by enabling previously siloed systems in finance to become interoperable and synchronized in ways that had been impossible before. Offering the privacy and controls required for highly regulated organizations, the Canton Network creates a safe environment in which assets, data, and cash can move freely across applications in real-time, unlocking new efficiencies and powering innovation.