Zenith

JUST IN: The Zenith EVM Testnet is live and open to the public.

For the first time, 31800+ Ethereum developers can deploy standard Solidity applications that compose atomically with @CantonNetwork - the institutional blockchain where DTCC, JPMorgan, Goldman Sachs, and Visa process $9T+ in monthly settlement volume.

Point your existing tools at the Zenith RPC endpoint and deploy. Your contracts don't change, your tooling doesn't change, and every transaction is finalized through Canton's consensus with deterministic finality in seconds. The external_call() primitive enables atomic composability with Canton-native Daml workflows directly, and the Linked Transactions explorer shows you the full lifecycle of every transaction across both environments in one place.

Zenith is already contributing to two of the most significant tokenization initiatives running on Canton: @The_DTCC 's DTC Digital Assets Solutions Industry Working Group bringing $114 trillion in U.S. securities on-chain, and @progmat_en's Tokenized JGB working group targeting Japan's $1.6 trillion JGB repo market alongside MUFG, Mizuho, and BlackRock Japan.

This is the first public venue where Ethereum's programmability and Canton's institutional rails meet.

Get started: docs.zenith.network
Explore: explorer.testnet.zenith.network
Full announcement: zenith.network/resources/blog…

To test atomic cross-environment workflows with the Zenith Gateway, reach out to us directly: partners@zenith.network

Zth.

Settlement risk lives in the gap between two legs of a trade. Atomic settlement removes the gap, because both legs commit in the same transaction or neither does.

@CantonNetwork built that into how institutions settle. Zenith brings EVM execution inside it, so lending logic and DeFi applications written in Solidity can act on Canton-native assets without splitting the settlement. The JGB collateral lifecycle we validated locally for @progmat_en's working group is one example of the flow: zenith.network/resources/blog…

Zth.

October moved institutional tokenization on @CantonNetwork from announcements to operations.

Our October Canton Signal recap covers the month:

• @The_DTCC's Tokenization Service went live, with Canton and DTCC’s private Besu network integrated at launch and 20 DTC participants signed
• @Uber tested keeping corporate cash invested over a weekend with HSBC, Franklin Templeton, Tradeweb and Fireblocks
• DRW and @MarexGlobal completed an OTC swap on Canton using Derivnex
• Universal Burn (CIP-0129) was approved
• Zenith validated a JGB collateral lifecycle across Canton and Zenith EVM on a local stack, and joined the @ERC3643Org and Digital Assets Associations

The question we’re watching next: what gets built on top of this infrastructure now that the assets are live.

Read the full recap.
Zth.

A tokenized asset becomes liquid when there is somewhere for it to be used.

Zenith Co-Founder & CBO @HeslinKim was on stage at @AIBC_World in Rome with @totofinance, @MIDAODS and @prypcocom, working through what is actually trading, what is simply parked, and what it takes to build a real market around a real asset.

For Zenith, the answer lives in the application layer: lending markets, collateral facilities and trading venues that tokenized assets can plug into. That is the part Zenith EVM brings to @CantonNetwork.

Zth.