Despite a lack of liquidity during the holiday season, Canton Network's CC token surged over 25% on Christmas Eve, becoming the largest gainer in cryptocurrency that day. This rise is attributed to institutional investors' enthusiasm for the tokenization of real-world assets, following the U.S. Securities and Exchange Commission (SEC) confirming that Canton Network will achieve the tokenization of U.S. Treasury bonds by 2026 and has issued a no-action letter to support it.