XRP vs CC THIS IS MASSIVE 💥 R3 Corda Canton Network Migration

Added: 2026-05-09

[00:00:00]So now to see it fully materialize and actually have it announced that there's an organization that previously used R3 Corda that is now rolling over to Canton technology and is backed by all these other institutions that all build on Canton network is huge.

[00:00:16]>> But I think back 10 years ago and I said R3 and we're tokenizing bonds and equities. We always going back to Treadfire Rails to settle. It was still like inefficient.

[00:00:25]organizations that previously used R3 Corda are going to roll over to Canton.

[00:00:31]In today's video breakdown, we're going to go over some huge announcements over the past two weeks on Canton that have taken place. I'm going to play some video clips for you guys. So, I'm just going to kick it off here because this video breakdown literally only has 63 views, was just uploaded yesterday.

[00:00:47]Shout out to the researchers for this one. Just take a second here, bend your ear, and listen to what he says about the opportunity on Canton right now. Do do you think that the real adoption institutional adoption happening already now or are most of the huge players are still in the extended pilot mode?

[00:01:03]>> Well, you know like any any big industry super intermediated with a lot of people in their own sphere. It's always hard to make that move fast. But that being said, over the last say 15 months, I see that the reputational risk is gone. Like the Trump election plus chairman chair Atkins send a message that America is open for business in crypto. From a day to another one, we saw that there is no more reputational risk for institutions.

[00:01:35]So they just went in. I think they also understood very fast that this this is their survival moment because five years of teams super lean preparing themselves now going after licenses and them incumbent trying to fight for the their stato they there is a lot of tension and if they don't fight now they they risk their own business so I think they all made more than just creating a digital asset position and the head of digital asset to go everywhere. I think now they are after the P no more proof of concept they are like okay how do we make sure that this moves on chain like by the end of the year and I also think that the message sent to the SEC from the SEC to the TCC with the no action letter was more than just a no action letter it was the message the official message that guys you have two years okay before the midterms you have two years like rush make the change because once it is done it is done and it will be hard to come back on it. Um and finally I think also that we should all push for that because the the incumbent they need to succeed they they need to continue to guarantee the trust in the market because if they are not there we don't know what happens and uncertainty is bad. So I think they all understood that they are all building they are all doing things and yes they when I say building you have two ways you have the the PR side okay with all the communication >> and then you have the concrete side the big news that that I see is that the builder side is very structured is very knowledgeable and is not cherry picking I don't see something very partisan some players are partisan but most of the one that I discuss with institutions They are very open to ecosystems and I think this is a big win for us. It means that they are here to build and to bring their own effort to the whole industry.

[00:03:46]So I think it's going it's going to the right direction.

[00:03:50]>> Okay, just a couple of highlights that are going to be important as we progress through this video breakdown. He specifically talked about how there's no more reputational risk for institutions to come on chain. He said that most institutions are considering moving on chain by the end of the year and that the SEC no action letter and the DTCC's involvement gave a warning signal to these institutions that they have two years to get their stuff together which puts us before 2030 in the 2030 agenda for these institutions to really flood on chain. So I just wanted to play that to give you guys a a realistic perspective from a Canton superv validator and an individual business organization that's building Canton applications and so on and so forth and has a huge say in the Canton network um from his perspective a gentleman who talks to institutions who's sitting there on panel discussions and whatnot with institutional insight so you guys can kind of hear those timelines right end of the year two years max for these institutions to get it together Now, what's happening behind the scenes? All right. How can we see as retail investors that all of this stuff is really about to come flooding in? DFNS just announced this just today, 7 hours ago. As a matter of fact, DFNS is now a signing provider for Canton Wallet Gateway. DFNS, obviously, of course, an institutional wallet provider, digital asset platform for financial institutions. And they just announced this today, May 8th, 2026.

[00:05:20]Canton wallet gateway support. I'm not going to read this entire thing. I'm just going to read some of the highlights. It says here, "Institutional wallet infrastructure for Canton network just got a lot easier to wire up. As of this week, the DFNS signing driver is officially merged into the Canton wallet gateway, giving any CIP 103 compliant D apps on Canton a direct standardized path to DFNS secured keys.

[00:05:48]If you're a financial institution custodian or fintech building on Canton, the practical changes are and I just highlighted one says for teams evaluating Canton, the barrier to onboarding institutional clients just dropped. I repeat, the barrier to onboarding institutional clients just dropped. And do you all remember what the lady, I believe her name's Jess Hall Graves from Wallet Connect said in a video that I played just a couple of weeks ago about these institutions wanting access to Canton. If you guys did not see that video, I'll play it for you all real fast. It'll take me two seconds to find it. But she specifically said that institutions are asking for Canton.

[00:06:30]>> And also over the last few years, we've welcomed more and more institutional and custodian wallets to the network. people like Fireblocks, Hex Trust, BitGo, Anchorage, and and it's at these places that major institutions, hedge funds and banks are storing their digital assets.

[00:06:43]And we were hearing a lot from those customers, when are you going to do Canton? Because that's what we were going to want to be using over the coming years. So that's really >> we've been hearing a lot from institutions, when are you going to use or integrate Canton because that's what we're going to want to be using in the next couple of years. That's not coming from me. That's coming directly from the CEO of Wallet Connect. Right. And now we're seeing major institutional infrastructure providers like DFNS announce things that allow these digital wallets to connect directly to institutional infrastructure. So again, for teams evaluating Ktown, the barrier to onboarding institutional clients has now just dropped. Instead of asking a prospect to adopt a wallet vendor that may or may not match their existing custody setup, you can now point them at the gateway and let them bring whichever gateway supported provider they already trust. increasingly that's DFNS and we know DFNS is also a validator on the KTO network right so I thought that was interesting that that was just announced today also this past week we had Amina Bank a Swiss financial market supervisory authority FINMA regulated crypto bank with the global reach become the first bank to support Cantoncoin the native token of Canton network offering custody and trading services to its clients canon network of course the public privacy preserving blockchain built for capital markets. That was a huge announcement this week. Excuse me.

[00:08:08]Again, showing more institutional interest and availability. Then we had the first US ETF offering give direct exposure to Canton now listing on NASDAQ. 21 shares TCAN launched just yesterday with 21 shares serving as an active validator on the global synchronizer participant or participating on the network. So yet again more huge institutional access to canton network. This was just from yesterday and just reading some of the highlights. It says the Canton network has attracted significant institutional interest giving its focus on privacy preserving infrastructure for capital markets said Andre Valencia EVP of investment management at 21 shares. When you see names like NASDAQ, Moody's and Deote supporting a common blockchain infrastructure, you are looking at infrastructure that has the potential to reshape how data and capital move across global markets. With the launch of TCAM, we are providing the US market with institutional grade access to this transformation backed by our 8-year track record of cryptonnative expertise.

[00:09:06]What makes Canton different is not simply that institutions can hold digital assets on chain, but that they can coordinate real financial workflows across firms without giving up privacy, control, or compliance. As more investors seek exposure to this ecosystem, products like TCAN help broaden access to infrastructure purpose built for regulated markets, said George Schneider, global head of RWA, a digital asset. So, yet again, another major announcement this past week involving institutional access to the Canton network. Now, with that in mind, the announcement from 21 Shares, this was from the 21 Shares YouTube, again, shout out to the researchers for this. Only has 222 views. 222, that's a good number. one day ago. And I want you guys to listen to what they say here because they talk about how R3 was a funny project. And what do all these other blockchains talk about all the time?

[00:10:00]Like Hadera, Ripple, Stellar, they all talk about the Hyperledger Foundation and Hyperledger, right? And Corda and whatnot. Okay, listen to what Yvall says here. This gives some crazy historical context about Hyperledger and IBM about how it was created back in the day. And now digital asset was actually the one who created it. Listen to what he says here.

[00:10:27]>> 10 years ago from now. I can't believe I'm saying that. Um but at that time there were also you know several kind of enterprise let's say blockchain efforts of launching enterprise chains whether it be you know Kexis from JP Morgan or whether it be the the early IBM enterprise chain as well >> Hyperledger was the name right >> Hyperledger yeah >> and then we had Ca and R3 and all those funny projects if you want if you want a piece of history digital asset actually bought a company called Hyperledger this whole Hyperledger movementlyactly actually got got started by digital asset and IBM and when we needed the name for the foundation we were like well we just bought a company called Hyperledger here you go you can take the name just just just just a piece of history yeah we bought we bought a company called Hyperledger in 2015 that's where the name comes from >> that's right >> that's insanity right he talks about how the name Hyperledger came originally from digital asset themselves so that was interesting to see which leads me over here to this considering that in that same sentence right there. They mentioned R3 being a funny project, right? Check this out. This is crazy.

[00:11:35]And this goes back to what I said in November and December where I mentioned that R3 it never worked. And I tried to show video proof on this from systemically important organizations like City saying that on stage, individuals from DRW uh sitting on stage with or a panel discussion with Kathy Wood saying the same exact thing. And so now fast forward, we're seeing in real time that organizations are moving from R3 Corda, they're going to stop using the R3 Corta technology and they're going to use Canton network. So check this out. And if you guys remember what this dude said, remember I told you all to pay attention to what he says. He talks about the the SEC no action letter and how this gave institutions two years to get their ish together and come on chain. Right? So check this out. This is all going to tie in once I play these video clips for you guys. So, I said here in this post, "This is bigger than most realize. The receipts are right in front of us. HQLX confirms a planned migration to the Canton network. Not only that, HQ LAX openly states its platform is partnered alongside major tier 1 banks, Deutsch Boris, and uses R3 CAD for now. And now with Broadidge and Digital Asset backing the next phase of growth, this message is getting louder.

[00:12:53]Traditional finance is not experimenting anymore. It is building and it is moving onchain. So before I go over these new breaking fundamentals that came out from Broadridge, let's go back and just listen to the gentleman from DRW and Kathy Woods talk about R3 CO. Listen to what they say here. facilitations using blockchains find that uh you know as soon as they move dollar stable coins uh you know to Mexico that the Mexican peso uh all of a sudden moves uh because everybody knows what's coming next uh which is you know just highlights the the problem that happens on these com you know when things are completely transparent >> you know it's interesting do you remember this probably was either 2014 or 15. Do you remember one which was tried by the various banks?

[00:13:48]>> Yeah, I think it was R3, but yeah.

[00:13:50]>> Oh, was it R3? I knew it was R. Okay.

[00:13:53]Okay. R3. It just it never worked. You they for reasons you just said. R3. It just it never worked. You they for reasons you just said.

[00:14:04]>> Now, when she said that, I was like, okay. Right. That's one source. This just this lady Kathy Woods. I'll be it.

[00:14:09]She's obviously, of course, Kathy freaking Woods, right? So, I mean, if you know, you're not taking what she says into consideration, then I mean, by all means, you know, you think you're smarter than a multi multi-millionaire, so be it. But I needed to find more source information. And then I was listening to the Onondo Summit and we had a representative from City.

[00:14:30]>> I'll start. Um, so I think that >> she is the global head of digital assets, city's treasury and trade solutions. that now that we have >> and she's sitting next to ex now swift representative at theondo summit was the current swift representative of the chief innovation officer at swift Tom Z.

[00:14:48]So that's going to go hand inand something I'm going to show you guys here in just a second cuz Tom Z actually defended Canton in a recent post. But nonetheless, listen to what she says here.

[00:14:58]>> Have cash on ledger and it's pretty established. Um and you're sitting you're starting to see it scale. We talked about we opened kind of where we are in 25 versus where we are now.

[00:15:07]Processing millions versus processing billions. I think the next evolution is really that multiasset, right? That we we've talked about DDP and atomic settlement for ages, right? But I think back 10 years ago and I said R3 and we're tokenizing bonds and equities. We always going back to Treadfire Rails to settle. It was still like inefficient bonds and equities, right? But I think back 10 years ago and I said R3 and we're tokenizing bonds and equities. We always going back to Treadfire Rails to settle. It was still like inefficient.

[00:15:36]And now that we have that, >> okay, so remember Kathy Woods just said back in 2014, 2015 or whatever error she said it was roughly around the 10-year time frame ago. She said R3 never worked. This lady from city just said 10 years ago when she worked at R3 they were always finding themselves going back to tradi rails to settle because R3 was inefficient. Right. And she just mentioned that we are in the process of moving from millions to billions processing in scale. And listen to what Yval Ruse at a recent panel discussion just said. This was announced from the Milkin Institute just a couple days ago and listen to what Yval Ruse projects in the coming months ahead >> from our audience. Where do you think tokenization is genuinely changing institutional finance today and where is it still mostly a story?

[00:16:28]>> So I'm I'm I'm happy I'm happy that like I said we are doing $400 billion of repo every day. I think within the next 12 months we will cross a trillion dollars of volume a day which is close to 10% of the global daily volume. People are not doing that because they think it's cool, right? We're talking about UBS, Sockgen, Barclays, you know, I can keep them going. These are not organizations that do it from the goodness of their heart to prove that tokenization is cool.

[00:16:51]They're doing it because it's much more capital efficient. They do that because they can reuse collateral intraday, which historically they couldn't do it.

[00:16:57]We're going to see the first prime broker start to do onchain prime brokerage because they prove to the buy side that they can be more capital efficient. We have life insurance issuing life insurance and annuities. We do post trade of uh physical commodities. We do settlement of equities between China and Hong Kong.

[00:17:10]And I can just keep on going. Again, you're not hearing about it in the news because like I said, it's the pipes.

[00:17:14]It's not that sexy or interesting, but it actually it actually it actually provides a lot of utility to the customers, which actually translate to utility to the end consumer. So >> So he talks about how in the next 12 months they're going to go from processing hundreds of billions of dollars to trillions of dollars. And if you remember what this dude said, he projects that in the by the end of the year, you're going to see a whole bunch more institutions come on chain and that institutions via the no action letter of the SEC have two years to get their stuff together, right? And we come back to this stage, this panel discussion. We had the lady from city previously worked at R3 sitting on stage with Tom Z in a post where Charles Hoskinson's attacked Canton back. Look at the date.

[00:17:59]This is 122625.

[00:18:02]Okay, remember when theo summit took place? At the summit, Tom was still the chief innovation officer at Swift. And right down here, Tom defended, so working at Swift, he defended Canton network, right? And he says here, many people understand what makes web 3 unique and meaningful. That's why finance is using it. There are many good innovations being rolled out globally. I repeat, there are many good innovations being rolled out globally. Canton Finance is prioritizing privacy and control for TPS and unverified scale claims. We had this lady talk about R3.

[00:18:38]We had Kathy Woods talk about R3, how it didn't work. Now look at this freaking announcement. And remember what Yval just said about how they process hundreds of billions of dollars and that's on repo platform, Broadid's distributed ledger technology repo platform. And look at what Broadidge just announced. This is crazy. To prove that they are rolling over from R3 to a network like Canton to wrap up my case.

[00:19:03]This is from this year, April 21st, 2026. So within the last month, and it says HQX, a leading provider of digital collateral mobility solutions, today announced that it has secured strategic minority investments from global fintech leader Broadri Financial Solutions and Digital Asset in its series C1 funding round. The investment will support HQ LAX's next phase of growth, including continued evolution of its technology platform in collaboration with Broad Ridg's distributed ledger repo platform and a planned migration to the Canton network. Together, these initiatives will leverage complimentary capabilities to support regulated market use cases across global securities, finance, and repo industries. The backing from broad region digital asset reflects growing industry momentum behind interoperable privacy preserving blockchain solutions with the Canton network enabling connectivity across regulated capital markets. Then right here I was like okay let's go look into HQLX real fast. And here in its bio and its about I noticed that it says that it has been developed in partnership with major tier one banks Deutsor and R3 Corda. Right. So I was like, hm, okay, that's interesting considering that now they are planning this migration over to Canton Network.

[00:20:20]So let me dig into this a little bit deeper. So I did. I went over to HQAX and looked up their collateral mobility platform, their technology platform, and it does say right here that that platform currently is provided by R3 COA, right?

[00:20:37]However, look at what was just freaking announced to to rest my case two days ago, May 6, 2026, from what I was telling everybody months ago. Not to say toot my own horn or anything, but just to show that the research works when you pay attention to what these institutional players and participants are saying and not have like these retail biased opinions. Look at this.

[00:20:57]This is crazy. May 6, 2026. DT collateral mobility platform. HQLAX gets the SEC no action letter for use in its activity. HQLAX the DT collateral mobility platform can operate in the US under a no action letter received from the Securities and Exchange Commission.

[00:21:18]UX Clearing recently leveraged the platform to accept DTbas based collateral for margin purposes. One of the first, I repeat, one of the first instances worldwide at a traditional regulated venue. The key benefit is enabling instant transfer rather than needing to wait for T+1 or T+2 settlement. Collateral mobility is a particular interest to tradi institutions with HQAX backed by Deutsche and a numerous other systemically important banks including BNB Parabus, BNY, City, Goldman Sachs.

[00:21:51]All these institutions, mind you, HSBC's Orion does what? Sits on Canton network.

[00:21:55]Goldman Sachs digital asset platform sits on Canton network. BNY I showed you guys in a previous video breakdown how Canton network is the underlying architecture layer of BNY's distributed uh platform, right? I showed JP Morgan just recently announced a partnership with freaking Canton network. Check this out. The SEC letter was addressed to both HQAX and Clearstream International, which acts as the trusted thirdparty and collateral custodian for the platform.

[00:22:22]The underlying assets are locked in place and digital collateral receipts are issued that can be transferred instantly. Technically, this is digital collateral rather than tokenized collateral. And until now, the platform has used the R3 quarter permission blockchain, but HQLax plans to migrate to Canton Technology following the recent funding round in which Broadidge and Canton Network developer digital asset participated. Mic drop. That is crazy crazy work right there. So, I wanted to bring that to everybody's attention before anybody else catches on to this because we've been talking about this now for months. It's now May 8th.

[00:23:01]We discovered this when did these videos drop, right? 3 months ago and I started talking about this back last year in November and December. So now to see it fully materialize and actually have it announced that there's an organization that previously used R3 Corda that is now rolling over to Canton technology and is backed by all these other institutions that all build on Canton network is huge in my personal opinion and shows that Canton network regardless of what you believe about the tokconomics and the current price action is a sleeping giant. And when what these people are saying about all of traditional finance rolling on chain actually does, we will see in my personal opinion the the price action that everybody is aiming to see right now but is not yet because again we're still in this window of this transitional period, right? This transitional period like this guy said by the end of the year in the next two years and then like Yuval Ruse said in the next 12 months, right? All of these things take time. They are literally restructuring and reorganizing the plumbing of the financial system. And for a fact, Canton is being chosen by traditional financial players backed by some of the largest globally systematic important banks in the world to run their technology. Right? So, I wanted to bring that to everybody's attention.

[00:24:25]That was it for today's particular video breakdown.