Yesterday was one of the most energizing days in recent memory. I’ve said it before and I’ll say it again: what’s being built on @CantonNetwork will transform our financial system. Thanks, @wesarn_real@YuvalRooz for bringing this group together!
We are happy to welcome Shinhan Asset Management to @CantonNetwork as a Super Validator through CIP-0121 (Weight 10).
Shinhan Asset Management, an affiliate of Shinhan Financial Group, one of South Korea's leading financial institutions, joins as part of a milestone-based program spanning regulated node operations, tokenized securities and real-world assets, KRW-denominated settlement, and fund administration.
We're glad to have Shinhan at the table!
Today is Canton Network’s inaugural Summit in NYC.
Goldman Sachs, JPMorgan, DTCC, HSBC, Visa, Franklin Templeton, Kyriba, Broadridge and others.
All discussing 24/7 markets, collateral, and moving assets across global markets onchain.
⚡️ UPDATE: Canton Network says prime brokers have committed to accept collateral on its network, while clearing houses are in the process of doing the same.
Meet @YuvalRooz on stage at TOKEN2049 Singapore.
Co-Founder and CEO of @digitalasset, the company behind @CantonNetwork. Broadridge alone runs roughly $400 billion in daily repo transactions through it.
7–8 October, Marina Bay Sands.
SBI Holdings, a Super Validator on Canton, has rebranded its subsidiary as SBI Digital Practice to build institutional infrastructure on the network, covering implementation support, compliance, and cross-border transaction systems.
↓ Full details.
Tokenomics matter for the serious institutional investor. Canton is one of the few crypto tokens where an investor can actually run a traditional DISCOUNTED CASH FLOW (DCF) style analysis, rather than relying purely on narrative, emissions, or hype. By focusing on durable*, high-quality activity, the network produces more reliable long-term “cash flows” in the form of fee burns. The token’s value is modeled in a similar way to how real businesses are modeled.
*Durable: such as payroll, everyday bank financing, repo, "that shit happens without failure."
“…we are trying to be as deep into that inelastic side of the curve or that durable side of the curve as we can be.”
- Eric Saranieicki
20:58 to 21:45
https://t.co/wDhC0s3kDc
Just about a month ago, I had dinner with @RyosCoinPost after a trip to Tokyo/Kyoto. He told me I needed to attend @WebX_Asia, and I was like, “Man, there’s so much travel. There’s no chance I can come back to Japan again in a month.” I’m happy he convinced me.
Last night, I had an incredible dinner with incredible people (@sentosumosaba, @HeslinKim, @DanSimerman, @Moonchaser2020, and more). It’s so good to know amazing people are working hard to make this industry bigger and better, and even more so to finally meet them f2f. Super excited for the new friendships.
This is my third time in Japan this year, and I’m just so bullish on what’s coming to this market. So much to build on @CantonNetwork.
Can’t wait for #4 this year ;-)