Zenith

Zenith has been selected to join @progmat_en's Tokenized JGB / On-Chain Repo Working Group, a consortium backed by Japan's largest financial institutions including MUFG Bank, Mizuho Bank, SMBC, BlackRock Japan, State Street, SBI Securities, and Japan Exchange Group. The group is targeting the tokenization of Japan's ¥250–270 trillion ($1.6 trillion) JGB repo market, which represents approximately 10% of the global government bond-backed repo market. Zenith, as the EVM execution layer of Canton Network, will contribute to protocol design, interoperability standards, and regulatory-compliant infrastructure for the on-chain repo system using tokenized JGB collateral paired with stablecoin cash legs. The Working Group kicked off in May 2026. A comprehensive report is expected in October 2026, with tokenized JGB issuance pilots targeted for later this year. This announcement follows Japan's tokenized securities market already surpassing JPY 333–360 billion in cumulative issuance, with the Progmat-led effort now targeting institutional-scale JGB tokenization. Zth.

Zenith has been selected to join @progmat_en's Tokenized JGB / On-Chain Repo Working Group, a consortium backed by Japan's largest financial institutions including MUFG Bank, Mizuho Bank, SMBC, BlackRock Japan, State Street, SBI Securities, and Japan Exchange Group. The group is targeting the tokenization of Japan's ¥250–270 trillion ($1.6 trillion) JGB repo market, which represents approximately 10% of the global government bond-backed repo market. Zenith, as the EVM execution layer of Canton Network, will contribute to protocol design, interoperability standards, and regulatory-compliant infrastructure for the on-chain repo system using tokenized JGB collateral paired with stablecoin cash legs. The Working Group kicked off in May 2026. A comprehensive report is expected in October 2026, with tokenized JGB issuance pilots targeted for later this year. This announcement follows Japan's tokenized securities market already surpassing JPY 333–360 billion in cumulative issuance, with the Progmat-led effort now targeting institutional-scale JGB tokenization. Zth.

Zenith has been selected to join @progmat_en's Tokenized JGB / On-Chain Repo Working Group, a consortium backed by Japan's largest financial institutions including MUFG Bank, Mizuho Bank, SMBC, BlackRock Japan, State Street, SBI Securities, and Japan Exchange Group. The group is targeting the tokenization of Japan's ¥250–270 trillion ($1.6 trillion) JGB repo market, which represents approximately 10% of the global government bond-backed repo market. Zenith, as the EVM execution layer of Canton Network, will contribute to protocol design, interoperability standards, and regulatory-compliant infrastructure for the on-chain repo system using tokenized JGB collateral paired with stablecoin cash legs. The Working Group kicked off in May 2026. A comprehensive report is expected in October 2026, with tokenized JGB issuance pilots targeted for later this year. This announcement follows Japan's tokenized securities market already surpassing JPY 333–360 billion in cumulative issuance, with the Progmat-led effort now targeting institutional-scale JGB tokenization. Zth.

Heslin Kim, CBO of @ZenithFdn joins @rwasummitglobal #SINGAPORE 🇸🇬 Zenith.network is a cutting-edge digital asset infrastructure firm, leading the development of EVM layer accessibility for the Canton Network and driving monumental cross-border tokenization projects for global institutional markets. As CBO, @HeslinKim brings over a decade of elite leadership in the digital securities landscape, leveraging deep expertise from Polymath, Tokeny, and Republic Crypto to bridge major traditional financial systems with scalable, on-chain networks. • When: 9 October 2026 | 09:00 - 18:00 SGT • Where: Marina One, 5 Straits View (5-min walk from Marina Bay Sands) 👉Register now to hear insights from our speakers: luma.com/rwasummit ✍️ Strategic Partners: @investax | @IxsFinance | @LynxcapDeFi | @dydxfoundation 🙌Powered By: @UveconVC | @rwaweek series production

The Ethereum developer ecosystem spent a decade building the most sophisticated programmable financial stack in crypto: 31,800+ active developers, 76 million deployed contracts, and composable DeFi primitives that power hundreds of billions in daily volume. Digital Asset spent the same decade building the infrastructure that global finance actually runs on: JPMorgan, DTCC, Goldman Sachs, Broadridge, and Visa processing $9​T+ in monthly settlement across 600+ institutions. The Ethereum developer stack can now plug into those institutional rails on @CantonNetwork with one RPC endpoint change and no modifications to existing code. Two ecosystems that spent a decade building toward the same destination are now on the same rails. The full picture is in our latest report: zenith.network/resources/blog… Zth.

The Canton Development Fund sits under the @CantonFdn's Tech & Operations Committee and operates through four working groups: Voting, Core Contributors, Alts, and Security. Elections for all four closed this week and Zenith made it into two of them. > @HeslinKim joins the Voting Committee alongside representatives from Digital Asset, IntellectEU, T-RIZE, and Obsidian Systems, the body responsible for voting on final approval of Canton Network Development Fund Proposals and allocation of Milestones. > @NorbertVadas joins the Core Contributors Group alongside representatives from Digital Asset, Tradeweb, T-RIZE, and Obsidian Systems, a technical body advising on protocol direction, reviewing technical contributions, and recommending investment priorities for the Canton Network Development Fund. These add to the governance presence Zenith already holds across Canton Foundation committees - Tech & Operations, Tokenomics, Accountability, and Marketing - and Heslin's existing seat as 1 of 8 voting members on the Protocol Development Fund itself. Zenith doesn't just build on @CantonNetwork, the team is present in the rooms where Canton's direction gets decided. Zth.

The Canton Development Fund sits under the @CantonFdn's Tech & Operations Committee and operates through four working groups: Voting, Core Contributors, Alts, and Security. Elections for all four closed this week and Zenith made it into two of them. > @HeslinKim joins the Voting Committee alongside representatives from Digital Asset, IntellectEU, T-RIZE, and Obsidian Systems, the body responsible for voting on final approval of Canton Network Development Fund Proposals and allocation of Milestones. > @NorbertVadas joins the Core Contributors Group alongside representatives from Digital Asset, Tradeweb, T-RIZE, and Obsidian Systems, a technical body advising on protocol direction, reviewing technical contributions, and recommending investment priorities for the Canton Network Development Fund. These add to the governance presence Zenith already holds across Canton Foundation committees - Tech & Operations, Tokenomics, Accountability, and Marketing - and Heslin's existing seat as 1 of 8 voting members on the Protocol Development Fund itself. Zenith doesn't just build on @CantonNetwork, the team is present in the rooms where Canton's direction gets decided. Zth.