Money never sleeps on Wall Street, except during holidays? When I saw a person in Singapore wearing a very nice short sleeved shirt with the words' Canton/Privacy Club 'written on it, I went to chat up and see if I could get one. It was really beautiful. After asking, he told me that their project has $6 trillion in assets and $4 trillion in monthly transactions No, how many dishes are there? Let's sneak in! ⬇️ After repeated confirmation, I really heard right. The value of RWA's online assets has exceeded $6 trillion, and more than 4 trillion transactions are processed every month. The daily transaction volume of treasury bond bond repurchase alone exceeds $10 billion! I'll go, if the data is true, why don't many people in the cryptocurrency circle know about @ CantonNetwork, such a giant? I slipped away with a short sleeved shirt and finally had time to study this project carefully these past few days. An intuitive feeling is that the DeFi or RWA we previously understood were all children's desks, while Canton is the real adult desk. Hey, pull the sheep? The story begins with how Canton was founded. Recently, DRW and Tradeweb led a $135 million strategic round investment in Canton. DRW is one of the world's largest trading companies founded by legendary trader Don Wilson, with businesses spanning traditional and encrypted finance. Canton's founders Yuval and Eric have both worked under Don, making it a true family line. Other institutions participating in this round of investment are also shining brightly, BNP Paribas、Circle Ventures、Citadel Securities、DTCC、Virtu Financial、Paxos All participated. From the perspective of investment and financing institutions and amounts alone, Canton must have received tremendous support from traditional finance. That's right, like Goldman Sachs, BNP Paribas, HSBC, Bank of New York Mellon DTCC、Tradeweb、 Bank of America, American Castle Securities, Hong Kong Stock Exchange, and others are all deeply involved. Even more incredible is that Canton has a Proof of Stakeholder verification mechanism that focuses on fair finance, where validators only need to verify their own transactions. Goldman Sachs DTCC、 Societe Generale Citadel、HKFMI、 The Monetary Authority of Singapore and QCP have become validators. What exactly does Canton do with such an all-star lineup? They position themselves as the 'Global Financial Operating System Financial OS'. I think the video of the official push to top is very interesting. "For the first time in history, US treasury bond bonds can be traded safely on the chain at weekends". In the movie "Wall Street 2: Money Never Sleeps", it is said that money never sleeps on Wall Street, except for after work at 4 o'clock and various holidays on weekends. Today, Canton truly made Wall Street and money never sleep. It is the only blockchain that allows the world's top traditional financial institution to join and conduct real market transactions. / After reviewing the white paper and products, Canton's biggest feature should be to approach from the perspective of traditional institutional level financial organizations, achieving the most practical and regulatory compliance with privacy and sovereignty. It is actually difficult to achieve this. It is not difficult to create a composable DeFi protocol or public chain. The challenge is how to integrate traditional financial institutions into the system, not only to participate in transactions but also to complete governance openly and transparently. Canton's data is compatible with various regulatory frameworks and is an RWA infrastructure that complies with SEC, EU, and Asian regulations. Participants can selectively disclose their data instead of being fully transparent on the blockchain, which is one of the reasons why many Wall Street institutions are flocking to it. By the way, this is also the creative source of the slogan: Privacy Club on Tee mentioned at the beginning. In terms of business, Canton is not just RWAFi. Technologically, it should be understood as an open public chain that connects encryption and traditional finance infrastructure, that is, the positioning of a global financial operating system. Stable coin payments, 24/7 online finance, and encrypted derivatives are prominently featured in Canton's Use Case. At present, more than 12 billion US dollars of compliant assets have been issued in Canton, and global settlement, weekend treasury bond bonds and stable currency exchange and other businesses have run smoothly. To summarize: Unbiased connectivity, privacy protection suitable for regulatory agencies, decentralization and control allow Canton to connect isolated financial systems and infrastructure, bridging the gap between encryption and tradition, and creating new growth potential without sacrificing privacy or control. Perhaps this is the game rules and unique charm of adult tables, which I may not fully understand, but it is greatly shocking and worth observing. / Author: Anymose | A Soft Core Science Popularization Writer This article is for educational purposes only and does not constitute any investment advice. Always remember DYOR!