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.” theblock.co/post/404386/a16z…

Everyone has an opinion on $CC. Far fewer people understand how it actually works under the hood. Canton Coin's tokenomics are more carefully designed than most coverage suggests and the discussions happening around it deserve a more precise foundation than speculation. We started a series of articles to provide exactly that. Understanding Canton #1 blog unpacks Canton Coin from the first principles: burn-mint equilibrium, traffic model, minting curve, and how supply dynamics connect to real network usage. First in a series of articles breaking down @CantonNetwork's core building blocks one at a time. Read it: zenith.network/resources/blo… Zth.

Canton was built around the requirements of regulated institutions from the start. @MarkWendlandCSH on @TheRollupCo discusses why that design decision matters.

Most blockchains were never designed for regulated financial markets. @CantonNetwork is attempting to build shared financial infrastructure with synchronized settlement, atomic interoperability, and institutional-grade privacy, without relying on a globally replicated public state. That design is already attracting participants like DTCC, J.P. Morgan, Broadridge, HSBC, Visa, and Franklin Templeton. @immutablejacob breaks down Canton’s architecture, sub-transaction privacy model, institutional adoption, CC tokenomics, and the role of the Global Synchronizer in this new report 👇

"One of the main value propositions of blockchain is composability and this can be both a feature and a bug." Mark, CEO of Canton Strategic, on squaring the privacy-composability circle: "Institutions need privacy to operate. But they're foregoing blockchain's main value proposition. If we harmonize these correctly, there's a really big opportunity."

Live from The Tokenization Tower. Hyperliquid, Zcash, and the consolidation of this industry continues...until expansion comes. The regulators, the issuers, and the builders all moved the same direction this week. The DTCC picked its tokenization rail & Dragonfly led a $50M Series A into RWA perps on Variational. The story right now is tokenizing everything & making it available onchain for perps, DeFi, lending, and much more. Today's line-up is in: 1PM ET @MarkWendlandCSH - @CantonStrategic 1:25 PM ET @variational_lvs - @variational_io 2PM ET @CodyCarboneDC - @DigitalChamber 2:30PM ET @banamlas - @PlumeNetwork See you on the show.

Societe Generale today announced it is accelerating the development of institutional blockchain-based financial infrastructure on the @CantonNetwork, with a focus on tokenized collateral, on-chain financing and institutional-grade digital settlement solutions, powered by its digital-assets subsidiary Societe Generale-FORGE. This initiative builds on Societe Generale’s pioneering work on @CantonNetwork, including its first U.S. tokenized bond issuance completed in November 2025, and reflects the bank’s continued commitment to scaling regulated on-chain capital markets. Societe Generale joins the @CantonNetwork as an Ecosystem Super Validator, underscoring its strong commitment to contributing to the development of institutional-grade use cases across collateral mobility, margin management, repo financing and tokenized settlement. Read the PR here: so.ge/ao4