This episode explains what Canton is, why it’s often called a “Wall Street chain,” and how its token works. Yuval Rooz presents Canton as onchain infrastructure built specifically for institutional finance.
What he’s saying
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Canton is designed to bring real-world financial assets onchain, such as US treasuries and other regulated instruments
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It’s often called the “Wall Street chain” because it’s built for banks, market infrastructure providers, and large financial institutions, not for retail-focused DeFi
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Major players are already using or testing Canton, including Broadridge for treasury collateral movements and the DTCC for tokenization pilots, with firms like JPMorgan involved
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Privacy is a core feature, transaction details are only visible to the parties involved, which is critical for institutional use
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The network connects multiple sub-ledgers that can interact directly without bridges or wrapped assets
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The CC token is used to pay network fees and secure coordination across the system
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Transaction costs are priced in USD, not in volatile token terms, so institutions know their costs in advance
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The token supply is designed around utility, tokens are burned when used for fees and re-minted when usage is low, aiming to keep the token’s value tied to real network activity rather than speculation
Takeaway
Canton is called the Wall Street chain because it’s already being used by traditional finance to move real money onchain. Its token is structured around usage and fees, not hype, making it very different from most crypto-native networks.
