Why Canton Is Winning Institutions: Interoperability: Goldman, JPM, DTCC can all transact together despite having separate private systems Composability: You can build complex financial products by combining simple atomic operations Atomic transactions: Zero counterparty risk - eliminates the settlement risk that currently traps $500B+ in capital Speed & Efficiency: T+2 settlement becomes instant (seconds/minutes), freeing trapped capital and enabling 24/7 markets Privacy: Institutions maintain confidential trading strategies - Goldman can't see what Citadel is doing, competitors stay blind to each other's positions $CC