Just dropped Part 2 of “After The Close” with @andres_solt diving deep into @CantonNetwork and what we’re building with @ZenithFdn. This one is juicy. TLDR: I see Canton as a top-3 “crypto”asset (potentially #1 or #2) in the next five years because of institutional adoption, tokenized real-world assets (especially equities beyond SPVs), and the coming network effect explosion. But the broader markets will envelop existing Web3. Our tokenized JGB project is $400B larger than BTC currently. What happens when $TJGBs are live at a $1.6T value? Timestamped Breakdown (My Perspective) 1:00 – 3:00: Why We Need EVM on Canton (The DAML Reality Check)
Andrés asked the fair question: institutions have used DAML for years, so why add EVM? I explained that while DAML dominates institutional digital assets, Web3 has stayed siloed because of the language barrier (Haskell-based). New languages like Move haven’t cracked mass adoption, success comes from customer demand and real PMF, not just tech narratives. 3:00 – 6:00: How Zenith Brings Web3 Natively into Canton
I walked through Zenith’s design: EVM subnets tied directly to Canton’s global synchronizer. This gives true atomic composability, EVM and DAML logic execute together under Canton consensus. No economic bridges, no added risk. We discussed how assets and logic move seamlessly at the protocol level. 6:00 – 9:00: Parallels with Ethereum Economic Zones
Ethereum Economic Zones is literally what we’ve built for Canton. Similar goals around composable subnets, but I’m skeptical Ethereum’s ecosystem will execute it anytime soon. 9:00 – 12:00: True Universal Composability (Beyond Asset Bridges)
The key isn’t just moving tokens between chains, it’s enabling apps to compose universally. That’s why mature DeFi primitives haven’t fully migrated to newer L1s. Zenith lets teams bring battle-tested Ethereum/Solana infrastructure into Canton while keeping their users and liquidity. 12:00 – 15:00: Tackling Privacy on an EVM Layer
Andrés rightly flagged privacy as a Canton superpower. I was candid: EVM is public by default, so we could invite the same proven solutions like Railgun, Privacy Pools, and similar tools to bring strong privacy options into Zenith. And ofc we are building institutional-grade privacy-enabled virtual blockchains 😉 18:00 – 21:00: Phased Go-to-Market: Web3 First, Then Institutions
Phase 1 targets Web3 builders (quick wins). Phase 2 brings in EVM-dependent institutions and tokenization platforms. Phase 3 opens the door for Hyperledger Besu users and others wanting global reach without rewriting everything. I explained why institutions won’t just stay on Ethereum, Canton’s direct ties to real financial infrastructure are a moat nothing else matches. 21:00 – End: Network Effects, the Tokenization Wave
Canton’s edge is its institutional network and the coming explosion in tokenized equities and global on-chain markets. @ZenithFdn massively expands the TAM by connecting Web3-scale liquidity and apps.there will be cataclysmic growth ahead once this all clicks. Zth.
