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Stocks first, then repo and derivatives: Yuval Rooz maps out Canton’s next steps Yuval Rooz (@YuvalRooz), CEO of Canton builder Digital Asset, used a Saturday X Space to lay out where @CantonNetwork ($CC) goes next. Stocks lead the list: a Canton venue ran the first tokenized US stock trades under the SEC’s Innovation Exemption on November 4, and DTCC has a green light from SEC staff to tokenize Russell 1000 shares in a pilot, with no issuer consent needed. Rooz expects more firms to join repo trading (short-term loans backed by bonds) on Canton this year, followed by derivatives and more private assets. He pointed to Uber’s treasury pilot as the model for bringing in corporates. He also said that an upcoming paper of his puts the cost of front-running attacks above $1B.
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