Tokenized

Canton Network: DeFi for Institutions

14 snips
Jul 1, 2024
Yuval Rooz, CEO of Digital Asset, discusses the launch of Canton Network, collateral mobility impact, Fidelity International on TCN, SEC closing Ethereum 2.0 investigation, and bridging traditional finance with DeFi
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INSIGHT

Digital Assets: Beyond Digitization

  • Digital assets represent a paradigm shift where asset rights and obligations are fully digitized.
  • This differs from simply digitizing asset claims, impacting settlement times and back-end processes.
INSIGHT

Tokenization's Shift to TradFi

  • Most crypto activity is "crypto-to-crypto," like DeFi and token swaps.
  • Institutions are now exploring blockchain's potential for traditional finance products (TradFi), marking a shift towards real-world asset tokenization.
INSIGHT

The Need for Interoperability

  • The crypto world lacks a single dominant network, similar to the early internet.
  • This fragmentation is amplified in financial markets due to asset complexity and legacy systems.
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