Is Canton a real blockchain or a new kind of capital-markets operating system?

Digital Asset co-founder Yuval Rooz explains why Canton prioritizes privacy as “need-to-know” information sharing and a federated “cantons” design that still allows atomic cross-canton transactions without bridges.

We unpack the two-tier architecture (edge validators + super validators that stitch cantons together and validate the public Canton Coin) and what that means for governance in regulated finance.

Plus: DTCC’s tokenization pilot starting with U.S. Treasuries, and why CC fees are USD-denominated with a burn/mint mechanism designed to track real network utility. 

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🎬 DEBRIEF | RYAN & DAVID UNPACKING THE EPISODE

https://www.bankless.com/podcast/debrief-is-canton-even-a-real-blockchain

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🎯THE DEFI REPORT | ONCHAIN INSIGHTS

https://bankless.cc/the-defi-report

💰ICO WATCH | UPCOMING PUBLIC TOKEN SALES

https://bankless.cc/ico-watch

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TIMESTAMPS

0:00 Intro

0:57 Canton Origin

8:02 Vitalik’s Post

14:15 Canton Philosophy

24:19 Canton Architecture vs Competitors

34:27 RWA Property Rights Debate

38:17 Canto Super-Validators

50:39 Canton Critiques

56:56 Decentralized vs Open Finance

1:02:16 Are Decentralized RWAs Possible?

1:07:04 Is Canton a Real Blockchain?

1:14:20 Canton Metrics

1:22:17 DTCC Relationship

1:25:27 Canton Token

1:30:43 Ethereum vs Canton in 2030

1:31:55 Closing & Disclaimers

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RESOURCES

Yuval Rooz

https://x.com/YuvalRooz 

Canton

https://www.canton.network/ 

Omid Malekan vs Austin Campbell Professor Debate

https://www.youtube.com/watch?v=m-h-PeUOvDw

RWA Analytics
https://app.rwa.xyz/ 

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Not financial or tax advice. See our investment disclosures here:

https://www.bankless.com/disclosures⁠