Humbled to share that Zenith has joined @The_DTCC’s Industry Working Group. DTCC sits behind roughly $114 trillion in U.S. securities. More than 100 firms (BlackRock, J.P. Morgan, Goldman Sachs, Citi, Nasdaq, NYSE, Digital Asset, and others) are now helping design how equities, ETFs, and Treasuries move on-chain. The first live production trades already settled in July. Full launch is targeted for October on @CantonNetwork. This is the core of U.S. market infrastructure choosing a clear path. I am grateful we get to contribute. The gap we see is simple: Institutions have chosen Canton, and innovation in this sector has been driven thanks to networks like Ethereum and Solana. @ZenithFdn exists to close that gap. For instance, ComposerX pairs Besu (EVM) for private needs with Canton for institutional interoperability. DTCC and Digital Asset argue tokenization can improve collateral mobility and balance-sheet efficiency against a ~$300 trillion HQLA backdrop, of which only ~10–11% is mobilized today. On the other side of the world, Zenith is also in Progmat’s JGB / on-chain repo group aiming to tokenize nearly $1.6T in Japan across EVM and Canton. It’s clear that institutions want the compliant, private rails of Canton and the 1. developer stack, 2. DeFi ecosystem, and 3. liquidity of Ethereum, at the same time, and at U.S. securities-market scale. We will bring that experience to interoperability standards and cross-chain settlement design by mitigating existing risk laden architecture with atomically composable environments. If even a fraction of what this group builds helps institutions move collateral in real time, cut counterparty risk, and connect traditional rails to digital ones all across any blockchain they choose to do so, that is work worth doing. Hoping our contributions help shape it in any and all ways possible. Zth.