We don’t build on crypto rails for crypto liquidity. That is a bad GTM. There are multiple TradFi products on crypto rails already on ETH that pay >0% interest (stablecoins), yet those products have no AUM compared to stablecoins. One might ask, “If markets are efficient, how come?” I think the answer is that crypto liquidity doesn’t want TradFi products that require KYC/AML. They give up interest to stay “off grid.” We build on crypto rails to offer better products to those who already consume TradFi products today, grow that TAM, and capture the processing fees. This is not a new discovery as you think it is, @lex_node, but thanks for the free advertising.

Tomorrow at 10:00 AM ET, @trize_io will host a livestream on our latest @chainlink-powered implementation. Following today’s announcement, we will discuss how T-RIZE is bringing onchain proof of insurance to tokenized private credit, beginning with the Kairos Digital Loan Notes programme on @CantonNetwork. This first-of-its-kind implementation enables authorized participants to independently verify insurance coverage data tied to a tokenized asset through Chainlink infrastructure. Streaming live on X, LinkedIn and YouTube. Links in the first comment. #Tokenization #RWA #Chainlink #CantonNetwork #PrivateCredit #DigitalAssets

No global state. No public mempool. Authorization and privacy enforced at the contract level. Composability limited to the parties involved. Canton's architecture is different by design.