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Tokenized

Canton Network: DeFi for Institutions

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
43:16

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Introduction of Canton Network's global synchronizer marks a pivotal shift towards fully digital assets in the finance sector.
  • Regulatory closure on Ethereum 2.0 investigation provides clarity for financial institutions engaging with tokenized assets and DeFi solutions.

Deep dives

Introducing Canton Network and The Global Synchronizer

Canton Network has launched the global synchronizer, a decentralized infrastructure for finance after a decade of development. Key financial institutions like DRW and Broadridge are participants, and Linux Foundation has endorsed it as a project. The network operates on a utility token called Canton coin incentivizing third parties and managing traffic fees. This launch signifies a shift towards fully digital assets and reimagining asset management for efficiency.

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