Canton Network achieved a significant milestone with the addition of YZi Labs as a Super Validator through Canton Improvement Proposal 0081. The addition of a validator supported by multi-billion-dollar assets under management enhances Canton’s continuing efforts to build linkages between traditional finance and decentralized infrastructure. Furthermore, this addition represents a larger movement of institutional investors transitioning from just being passive supporters of Blockchain Infrastructure to actively participating.
Strengthening Canton Ecosystem Through CIP 0081
The selection of YZi Labs being a Super Validator is more than a titular upgrade. Within the provisions of CIP 0081, Super Validators would ensure the integrity and the unbiasedness of the Canton Network. As a global company supporting more than 300 projects across the Web3, AI and the fintech sectors, YZi Labs brings numerous cross-industry experiences to the governance of the network.
As YZi acts as a Strategic Partner to the Canton Network while also serving as an Active Validator, the company’s interests impact the network’s long-term capital stability. YZi’s goal is to create the necessary structural and technological frameworks for Institutional Grade Flows and build sufficient levels of robust infrastructure capacity to meet the privacy and scalability needs of globally operating Financial Institutions.
Generating Liquidity and Institutional Integration
One of the most important issues challenging private and permission blockchains is the silo effect. YZi Labs promises to play an important part in removing these barriers. By tapping into their deep portfolio, YZi Labs is looking to introduce high quality builders and real-world applications into the Canton ecosystem.
The focus of this integration centers around 3 critical areas: portfolio integration, expanded infrastructure development, and increased availability to users via greater market access. Through this effort, YZi Labs will create an interconnected ecosystem of YZi’s backed projects through Canton’s interoperable privacy layers while furthering Canton’s neutrality as a trusted layer for financial competition and supporting much-needed liquidity pools to enable the ongoing movement of institutionally-asset backed digital goods across the digital ecosystem.
The Emergence of Anonymous Infrastructure Grade
The cooperation between Canton Foundation and YZi Labs represents a new trend in the blockchain industry in the professionalization of validator sets. Just as AyLab partnered with CreataChain to propel Web3 sports into the future, the Canton Network is focusing on niche-specific excellence to foster adoption within its specialized area. The involvement of YZi Labs ensures Canton still remains neutral ground.
Institutional finance relies on neutral institutions; trust is fundamental to every aspect and activity within that industry. This means that banks and asset managers are comfortable working with third party infrastructures that are not owned by a competing bank or asset manager. Diversifying a network’s validator set with a firm like YZi gives the network additional credibility as the premiere network created for privacy-enabling real-world assets.
Conclusion
The financial industry’s adoption of blockchain technology has advanced with the inclusion of YZi Labs via CIP 0081. YZi’s large assets under management (AUM) and portfolio reach, along with Canton’s intrinsic secrecy, ensure that additional institutional capital will enter Web3 when these validators join the network. Each validator from this level brings the network closer to a global financial ecosystem.
