There are a number of extremely profitable good contract protocols within the blockchain ecosystem, and competitors from new entrants is excessive.
Canton Community is among the newest “next-gen layer 1s” competing for customers and funding from incumbents like Ethereum and Solana. Together with SUI and Aptos, the rise of Canton challenges the belief that there are too many blockchains.
@CantonNetwork’s rise could seem fast, however it’s been a decade within the making. 10 years of studying from the errors of others…@gazza_jenks and I chatted with @YuvalRooz, co-founder and CEO of Digital Asset, to listen to Canton’s origin story. https://t.co/6koyyOsnht
— Robert Baggs (@rkbaggs) November 24, 2025
Yuval Ruth, co-founder of Digital Asset, appeared solely on Cointelegraph’s each day present “Chain Response” and detailed the within story behind Canton Community. Canton Community has opted out of recent coin choices (ICOs) over a 10-year improvement course of main as much as immediately.
“Our paper targeted on serving giant establishments. We’ve been very affected person. We rejected the ICO. We reject pre-mining of tokens. We’ve been considering severely about Tokenomics,” Ruth instructed Cointelegraph.
“Each time we thought we have been prepared, another person made a mistake. We have been considering, what if we make this error? It will not be good.”
The Canton Community is designed for monetary establishment utilities, enabling safe, interoperable, and privacy-preserving transactions. Digital Asset, the corporate behind Canton Community, describes the protocol’s structure as a “community of networks” for the aim of tokenizing, buying and selling, and settling real-world property.
The protocol and its native token made 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 the Canton Coin (CC) digital asset vault. DAT plans to make use of its proceeds to amass and stake CC tokens because the community’s tremendous validator.
Associated: Tharimmune bets $540 million on Canton Coin in crypto treasury push
gradual and regular wins the race
As Rooz defined, Digital Asset took a measured strategy to growing and deploying Canton Community. Permissioned chains have been launched in 2020 to measure community efficiency and what customers need and wish by way of performance.
“It in all probability took us about 4 years to construct the primary model of the ledger, after which one other two to a few years to get to the purpose the place we may launch it with out permission.”
Roose mentioned builders have discovered rather a lot from the launches of different layer 1 protocols and the early problems with established gamers like Ethereum.
“I believe there is a problem right here that individuals underestimate. When you arise a public community and you’ve got plenty of builders working in manufacturing, it is very tough to vary it later. I believe it is very tough for a public permissionless chain to implement privateness in a approach that works as an afterthought with out inflicting plenty of ache to the neighborhood,” Rooz mentioned.
“Want-to-know”-based privateness
Privateness is a scorching matter throughout the cryptocurrency trade, and protocols like Zcash are gaining important mindshare and a spotlight.
Ruth mentioned it is a optimistic improvement that trade gamers are lastly championing the necessity for privateness in communications and transactions. But, in actuality, many individuals haven’t paid a lot consideration to this side of blockchain performance in recent times.
“For the previous 10 years, each time we have talked to crypto-native individuals and mentioned privateness is a should, they’ve mentioned, ‘You do not perceive crypto.’ The entire concept of crypto is just not to make sure privateness,” Ruth mentioned.
The Digital Asset CEO added that privateness in the end is available in “many shapes and kinds.” Zero-knowledge proof cryptography, which powers each Zcash and Canton, values anonymity over privateness.
“ZK comes from a world the place persons are saying they actually need an on-chain consumer expertise, a bearer instrument like money, the place nobody can know what property you’ve got. I believe that is an fascinating perspective. It’s totally completely different from Bitcoin,” Roos mentioned.
From a regulatory perspective, monetary establishments and authorities should monitor actions to adjust to know-your-customer and anti-money laundering requirements.
“I believe what Canton is doing that’s completely different than Zcash is that Canton’s privateness mannequin permits them to share info on a need-to-know foundation. So for those who’re a regulator, you’ll be able to go to a stablecoin issuer and say, ‘Hey, I wish to see all of Yuval’s exercise.’ That is completely different from anonymity.”
Digital Asset is backed by main gamers within the international monetary trade. BNP Paribas, Circle Ventures, Citadel Securities, Depository Belief and Clearing Firm (DTCC) and Goldman Sachs have been among the many most important buyers within the 2025 funding spherical.
journal: 2026 is the yr of sensible privateness in crypto: Canton, Zcash and extra
