After The Close: Building on Canton Network with Heslin Kim

Institutional blockchain adoption is shifting from speculative, general-purpose Layer 2 solutions toward purpose-built, enterprise-grade infrastructure. While many ZK-based L2s failed due to unsustainable tokenomics and a lack of real-world demand, the Canton Network has emerged as a robust clearing layer for global finance. Backed by Digital Asset’s decade of experience and partnerships with major entities like the DTCC, Canton provides the compliance and privacy features necessary for institutional use. Zenith, co-founded by Heslin Kim, facilitates this transition by developing tools to bring EVM compatibility to the Canton ecosystem, allowing Web3 developers to leverage institutional-grade infrastructure without rewriting code. This evolution marks a transition from speculative, "token-first" crypto projects to sustainable, demand-driven business models that prioritize long-term utility and integration within the global financial system.