This is ridiculous
When many web3 project shutdown, Canton just need 1 month to become top 20 cmc
• be @YuvalRooz
• creators of @CantonNetwork
• co-founder & CEO of @digitalasset
• ex-Citadel, ex-DRW Trading
• algo trading background
2014
• found Digital Asset
• with vision of blockchain for Wall Street
2015
• ASX approaches
• "replace our 30y CHESS system"
• $250M project begins
• world's watching
2017
• ASX signs the deal
• scope explodes, 12 transfers » 400
• no scalability testing
• warnings ignored
2020
• project status, RED
• "material risks to delivery"
• ASX hides it from public
2022
• February, ASX claims "progressing well"
• reality, complete disaster
• November, project dies
• 7 years, $250M+ burned
• Yuval admits "we were too small"
2023
• Canton Network launches
• 30+ institutions day one
• Goldman, BNP, Deutsche Börse
• privacy-first, built from scratch
2024
• ASIC sues ASX for "misleading statements"
• regulators furious
• Yuval stays quiet, keeps building
2025
• raises $135M (DRW, Tradeweb, Goldman, DTCC)
• December, more funding (BNY, Nasdaq, S&P)
• 400+ institutions on Canton
• testifies to Congress on digital dollar
• CFTC appoints him to committee
2026
• March, drops controversial take
• "most chains are memecoins"
• "$10B valuations, no revenue"
• CT explodes
• LinkedIn, "people need BETTER MONEY, not tokenized real estate"
• institutions love it, retail hates it
today
• Canton tokenizing US Treasuries
• DTCC running pilots
• Bloomberg tracking it
• burns tokens per transaction
• 70% rewards to builders, not validators
• retail skeptical, Wall Street betting big
the arc
• $250M public failure » institutional standard
• admitted mistakes » rebuilt smarter
• blunt takes » delivers results
love him or hate him, he pivoted & won
