Almost 12 years ago, I left @DRWTrading with @wesarn_real to start @digitalasset. @ShaulKfir joined us shortly after. The name felt right. The idea was simple but audacious: build a global settlement system that is asset agnostic. One that doesn’t eliminate banks, exchanges, and intermediaries, but tears down the barriers keeping people from accessing assets and settling at a fraction of today’s cost. A new financial world, built for the end consumer.
We knew institutional adoption was the path. We just didn’t know how long it would take.
We failed. We made bad decisions. There are things we would have done differently. But we never let go of our North Star, even when people around us were convinced we had no idea what we were doing. That focus, conviction, and most of all, patience, led us to launching @CantonNetwork. And the results speak for themselves.
Today is a new chapter in that story.
I’m proud to announce that @a16zcrypto is leading our latest round, joined by some of the giants of the global financial system, including @ABNAMRO, ADIA, @apolloglobal, @BNPParibasCIB, @Broadridge, @citsecurities, @CMEVentures, @cbventures, Green Wolf Asset Management, @Hanwha_Official, @HSBC, @icapitalnetwork, @LCVentures, @OptiverGlobal, @polychain, @R136Ventures, @SPGlobal, @sbigroup, @smash_capital, @SoFi, @Tradeweb, and @WilliamBlair, and others we’ll be naming shortly. Twelve years ago, I could not have imagined building alongside partners of this caliber.
$CC today processes the highest fees of any institutional blockchain network. And we’re just getting started. What’s coming later this year is just as exciting.
None of this happens without the builders, the ones who show up to weekly tokenomics meetings, dial into operations subcommittees, spend nights and weekends building apps on Canton, and show up on @X to cheer this ecosystem forward. You are not just supporters. You are partners. I’m honored to be on this journey with you.
On a personal note: @a16z hits differently for me. Ben’s book The Hard Thing About Hard Things was one I kept coming back to during the hard stretches. Having his firm lead this round is meaningful in a way that’s hard to put into words. So I’ll let him do it:
“The hard thing isn’t setting a big, audacious goal. The hard thing is spending sleepless nights trying to achieve it. The hard thing isn’t dreaming big. The hard thing is waking up in the middle of the night in a cold sweat when the dream turns into a nightmare. Motivating yourself by watching YouTube shorts or Instagram reels isn’t the hard thing. The hard thing is working every day and being consistent even if you feel like shit. The hard thing isn’t boasting you could achieve anything. The hard thing is working like hell to achieve something. The hard thing isn’t believing in yourself. The hard thing is getting things done when nobody believes in you, even when you doubt yourself. The hard thing isn’t telling yourself that you must achieve the impossible. The hard thing is toiling hard every day for years despite knowing that success is too uncertain.”
https://t.co/heqdne7Thh
HSBC completed its first public blockchain pilot on Canton Network.
Tokenised deposits. Atomic settlement. 24/7 real-time transfer across five major currencies.
The infrastructure is no longer being debated. It is being deployed.
Crypto Twitter is mostly engagement farming now.
It’s easy to polish a half-baked take with ChatGPT or your head of marketing. It would be harder to defend it in a live debate.
That’s where we can find out who actually knows what they’re talking about.
Steve Jobs said that the computer was called a bicycle for the mind, it helps you move way faster than walking but you still have to pedal.
Extending from that @naval says AI is more like a motorcycle for the mind. Way more power and speed … But it still needs a rider.
Someone to steer, accelerate and hit the brakes
AI dooming is trendy for the algo as they get better.
But direction? Judgment? Intent?
That part’s still on us
People say stablecoins have PMF, but when you dig in, you find that it's still primarily used for crypto use-cases. Once you unlock privacy onchain, you're going to see more and more traditional businesses move onchian.
This is exciting and congrats to @cantor8 for this first transaction.
$CC @CantonNetwork
Privacy. Compliance. Interoperability.
The foundation for RWAs at scale.
@DigitalAsset's @BayoAkins joins Founders Day, hosted by @DWFLabs + @FalconFinance to discuss where TradFi meets crypto.
Invite-only.
2.4.26. 2PM GST. Dubai.
For more info.
https://t.co/nqxl8CkGbo
Curious where TradFi meets crypto?
@BayoAkins, Sales Director at @DigitalAsset joins Founders Day to discuss how to scale RWAs the right way: with the right balance of privacy, compliance, and interoperability.
Invite-only. Builder-led.
For more info.
https://t.co/fAgAHNJ2Y3
When I was younger I assumed everyone wanted everything to be more efficient. That iteration and improvement was something all people could get behind. As I’ve gotten older I’ve realized this is not the case and my mistake was a core error in my mental model of the world and its institutions. Improvement has to be fought for. Status quo is by far the most popular position.
Seeing a lot of debate lately on whether Canton is "permissionless" or "public." Canton is public and permissionless - but it's permissionless like the Internet, not like Ethereum. 🧵
This is just the beginning of a new era of OnChain Finance: https://t.co/Nt9uIj7enm
We've said for many years that onchain privacy that is compliant plus good governance is a game changer.
I'm extremely humbled by the vote of confidence by a critical market infrastructure like the @The_DTCC.
I'd also like to thank market participants who spend a good deal of time and effort designing this first phase.
@CantonNetwork is just starting.
Crypto Connect, Abu Dhabi🇦🇪
@CantonNetwork, @Bybit_Official & @CopperHQ brought together leading institutions, asset managers, market infrastructure providers and more...for an evening focused on real discussions on Market structure, regulation, tokenization, and where crypto is heading in 2026.
Team Canton: @MlvsBznz, @BayoAkins, @Parth4vedi