# Tokenizing $3.6T of real world assets on Canton Network, with CEO Yuval Rooz

Page: https://stenobird.com/podcast/the-fintech-blueprint-1372983/tokenizing-3-6t-of-real-world-assets-on-canton-network-with-ceo-yuval-rooz
Text version: https://stenobird.com/podcast/the-fintech-blueprint-1372983/tokenizing-3-6t-of-real-world-assets-on-canton-network-with-ceo-yuval-rooz.md
Podcast: [The Fintech Blueprint](https://stenobird.com/podcast/the-fintech-blueprint-1372983)
Published: 2025-06-16T15:00:00+00:00
Episode link: https://lex.substack.com/
Audio file: https://cdn.simplecast.com/audio/7051d3f0-1ddb-41e0-b514-e52dd30df9ac/episodes/d45bdec5-b11f-4ca8-a11b-9053f316c799/audio/8317695f-55e6-4099-aca4-372a56c47cd5/default_tc.mp3?aid=rss_feed&feed=sQKPtdhq
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JSON: https://stenobird.com/v1/public/podcasts/the-fintech-blueprint-1372983/episodes/tokenizing-3-6t-of-real-world-assets-on-canton-network-with-ceo-yuval-rooz
Duration seconds: 3014

## Resource

Lex chats with Yuval Rooz, CEO and co-founder of Digital Asset, about the company’s transformation from its early institutional blockchain experiments to launching the Canton Network - a purpose-built, privacy-enabled smart contract platform designed for financial markets. Rooz shares insights into why Digital Asset was inspired by Bitcoin’s financial principles rather than its technical assumptions, highlighting the importance of rethinking blockchain infrastructure rather than replicating flawed legacy models. He also unpacks the hard lessons from high-stakes projects like the Australian Stock Exchange overhaul, emphasizing why large-scale financial infrastructure must evolve incrementally to succeed. Finally, the conversation dives into Canton’s unique tokenomics, where 70% of block rewards go to the developers and users who create economic activity on the network, challenging traditional validator-centric models and aligning incentives more fairly for long-term ecosystem growth. Notable discussion points: 1. Canton’s innovative tokenomics: Unlike Ethereum, where validators capture most of the rewards, Canton allocates 70% of block rewards to developers and applications, creating sustainable alignment. 2. Lessons from ASX: Rooz reflects on the failed ASX blockchain migration, advocating for iterative upgrades rather than “big bang” infrastructure transformations. 3. True tokenization: Rooz critiques superficial on-chain IOU models, asserting that real tokenization must place the asset’s books and records natively on-chain to unlock the benefits of DeFi and composability. MENTIONED IN THE CONVERSATION Topics: Digital Asset, Canton Network, DRW, ASX, Ethereum, Bitcoin, Plaid, DAML, fintech, web3, tokenization, digital assets, financial infrastructure, DeFi, onchain AB…

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