The blockchain ecosystem is dwelling to a number of extremely profitable good contract protocols, which makes the arrival of newcomers extremely aggressive.
Canton Community is without doubt one of the latest ‘subsequent technology layer one’ to vie for customers and capital from incumbents like Ethereum and Solana. Alongside SUI and Aptos, Canton’s rise challenges the belief that we have now too many blockchains.
The rise of @CantonNetwork could appear quick, but it surely’s been a decade within the making. A decade of studying from the errors of others…@gazza_jenks and I chat with the co-founder and CEO of Digital Asset, @YuvalRooz, to listen to the origin story of Canton.https://t.co/6koyyOsnht
— Robert Baggs (@rkbaggs) November 24, 2025
Talking completely to Cointelegraph’s Chain Response day by day present, Yuval Rooz, co-founder of Digital Asset, recounted the backstory behind the Canton Community, which opted out of an preliminary coin providing (ICO) throughout its decade-long improvement journey to the place it’s immediately.
“Our thesis was targeted on serving large-scale establishments. We’ve been very affected person. We refused to do an ICO. We refuse to do a token pre-mine. We’ve actually thought in regards to the tokenomics,” Rooz advised Cointelegraph.
“Each time we thought we have been prepared, another person made a mistake. We have been like, what would occur if we have been to make this error? That would not be good.”
The Canton Community is designed for monetary establishment utility, enabling safe, interoperable, and privacy-preserving transactions. Digital Asset, the corporate that created Canton Community, describes the protocol’s structure as a ‘community of networks’ aimed toward real-world asset tokenization, buying and selling and settlement.
The protocol and its native token grabbed main headlines in 2025. Digital Asset closed a $135 million funding spherical in June to proceed growing the Canton ecosystem and spearhead RWA tokenization on the protocol.
Then got here biotech firm Tharimmune, which raised $540 million in non-public funding to construct a Canton Coin (CC) digital asset treasury. The DAT plans to make use of the proceeds to amass and stake CC tokens as a brilliant validator of the community.
Associated: Tharimmune makes $540M guess on Canton Coin in crypto treasury push
Gradual and regular wins the race
As Rooz defined, Digital Asset took a measured method to growing and rolling out Canton Community. A permissioned chain was launched in 2020 to gauge how the community carried out and what customers needed and wanted when it comes to performance:
“It took about 4 years to construct possibly the primary model of the ledger after which it took one other two to a few years to get to a degree the place we have been form of snug to launch it in a permissionless method.”
Rooz mentioned that the builders had taken loads of learnings from the launches of different layer-1 protocols in addition to the teething issues of established gamers like Ethereum.
“Right here’s the problem I feel that folks underappreciate. When you launch a public community and there are loads of builders that run in manufacturing, it’s extraordinarily onerous to alter it later. I feel it will likely be extraordinarily onerous for public permissionless chains to bolt on privateness in a manner that works as an afterthought with out actually creating a large quantity of ache to their neighborhood,” Rooz mentioned.
Privateness on a ‘need-to-know’ foundation
Privateness has been an enormous narrative throughout the cryptocurrency area, with protocols like Zcash garnering a big quantity of mindshare and a spotlight.
Rooz mentioned it was a constructive improvement to see business figures lastly championing the necessity for privateness in communications and transactions. Nonetheless, the truth is that many weren’t overly involved with this side of blockchain performance in recent times.
“I can inform you that each time we talked to crypto native people over the past decade, and we mentioned that privateness is a must have, they advised us, ‘you don’t perceive crypto.’ The entire thought of crypto is to not have privateness,” Rooz mentioned.
The Digital Asset CEO added that privateness finally is available in ‘completely different shapes and types’. Zero-knowledge proof cryptography, which powers Zcash, is extra about anonymity than privateness, in accordance with Rooz.
“ZK is coming from a world the place individuals are saying, you actually need to have onchain person expertise of like onerous money, a bearer instrument, which means no person will get to know what belongings you could have. I feel that’s an fascinating angle. It’s very completely different than Bitcoin,” Rooz mentioned.
From a regulatory perspective, monetary establishments and authorities should monitor exercise to adjust to Know Your Buyer and Anti-Cash Laundering requirements.
“I assume what Canton does that’s completely different than Zcash is that the privateness mannequin of Canton is the power to share data on a need-to-know foundation. Which means, in case you are a regulator, you’d have the ability to go to an issuer of a stablecoin and say, ‘hey, I need to see all of Yuval’s exercise,’ which is completely different than anonymity.”
Digital Asset has obtained backing from main gamers throughout the worldwide monetary area. BNP Paribas, Circle Ventures, Citadel Securities, the Depository Belief and Clearing Company (DTCC) and Goldman Sachs have been among the many most vital traders in its 2025 fundraising spherical.
Journal: 2026 is the yr of pragmatic privateness in crypto: Canton, Zcash and extra