New chapter 🫡 I’m joining @fairmint as Ecosystem Manager! After spending the past year deep in onchain capital markets, one thing has become pretty clear to me: Equities are moving onchain. Really excited to now work on exactly that at Fairmint, while continuing to build across @CantonNetwork and the broader capital markets ecosystem. Huge thank you to @marwanelr and the entire @Avicenne_Studio team for an incredible year 🙌 And thanks @Joris_DLN & @thibauld for the trust. Excited for what’s ahead! If you’re building in this space, my DMs are open. Let’s build!

I like thinking about this as separating execution from ownership. A share can trade across different venues and workflows without creating different versions of who owns it. You still have the same shareholder record underneath it all.

Good conversation happening right now with Joris on onchain capital formation 👇

Why CEOs Love Onchain Capital Formation with @Joris_DLN (@fairmint CEO) & @StowellPorter (W3) nitter.net/i/broadcasts/1NGaroXkW…

I keep hearing people assume that putting equity onchain means it has to be freely transferable. But private shares already have restrictions. Those don’t disappear onchain. I do hope we can open access to more people over time though. Better infra should help.

Privacy matters.

I find the timing of these two recent SEC actions pretty interesting. On September 1, they proposed modernizing transfer agent rules, including blockchain-based recordkeeping. Only 16 days later, they opened a new path for tokenized US stocks to trade onchain. I mean we can build all the new trading infrastructure we want, but at the end it still needs to sit on top of an ownership record somewhere. If a tokenized share moves from one wallet to another, who is now the shareholder? Where is that actually recorded? And do the rights attached to the share move with it? Pretty happy to see the SEC working on both sides at almost the same time.

If you’re already using @privy_io and want to build on @CantonNetwork, this should make your life quite a bit easier. We’re turning the work we’ve done into open source tooling other teams can use instead of rebuilding the same integration themselves 🙌

Been close to the Titan team since they started building on Canton, so this one is a bit special for me. These guys know how to build DEXs and have spent the past few months going deep on Canton. Really happy to see the waitlist finally open. Been waiting for this one 🔥

Bitcoin: ~$1.7T Global public equity markets: ~$158T Nearly 100x larger, before even counting privately held companies. That gives you a sense of the opportunity in bringing equity infrastructure onchain.

Wait until BlackRock discovers @c___f___b is building decentralized AGI through Qubic

RWA in Q4 2026: - most discuss: still wrappers vs native - top narrative: tokenized equity - chain with most attention: @CantonNetwork - top token: $CC

Who is @fairmint ? 😎 Well, 1st of all, I did have the honor of meeting Mr @Joris_DLN in real-life recently! A very wise and solid individual Joris is the CEO & co-founder of Fairmint! 🫡 Fairmint... "From New York, we keep the official record of who owns what, and we are rebuilding it so every share in the world can move as code." We all love having our Liquidity on the canton-network:native rails right? What about our Recordkeeping? 🤔 ***Onchain Equity Capital Markets*** 1) Fairmint is building the stack...🥇 Every equity market depends on an authoritative record of who owns what. Fairmint is an SEC-Registered transfer agent operating that record on-chain 🤌 It is the foundation for issuance, compliant transactions, financing and liquidity. 2) A transfer agent native to the @CantonNetwork chain...🥈 In the United States, a company’s official list of who owns what is kept by a transfer agent, and that agent answers to the SEC. It is the control point of the entire equity market, and it is where Fairmint chose to start. Fairmint Onchain TA: The register IS the on-chain record. There is no 2nd copy...so there is nothing to reconcile and nothing to disagree! 3) Equity finally has an open standard...🥉 Cap tables used to live in whatever shape each platform chose for them. The Open Cap Table Format changed that: one open schema for issuers, share classes, holders and every transaction between them, maintained by the Open Cap Table Coalition and used by leading securities counsel. **If you own a business in the "Real World" or here on the @CantonNetwork , get in touch with @fairmint to bring your Cap Table on-chain now!

Broker-dealer, ATS and transfer agent capabilities coming together says a lot about where onchain capital markets are heading. For onchain equity, those functions need to connect back to the authoritative shareholder record.

.@privy_io , in numbers: 160M+ accounts across 180+ countries. We’re bringing that reach to @CantonNetwork & to the shareholders of every company on @fairmint One toolkit. An entire developer ecosystem. A new route into institutional onchain finance 🫡

Putting the ownership register onchain while keeping the transfer agent responsible for administering it is a strong model for institutional assets. The infrastructure changes. The client experience doesn't have to.

Big week for institutional activity on @CantonNetwork. → Repo settled with USDC → Japan makes onchain finance a 2026 priority → @SPGlobal leads @KaikoData's $110M round → DTCC ecosystem keeps expanding → New markets + infrastructure going live What happened Sep 14–20 ↓

For years, builders had to choose: - consumer-grade onboarding & distribution - institutional-grade financial rails In 2021, @fairmint , we started working with @sternhenri, @asta_li & the @privy_io team to eliminate that trade-off. Privy never stopped innovating. Neither did we. Now it’s time to open a route from Privy-powered applications to @CantonNetwork. This isn’t another integration. It’s two worlds becoming one. Onchain.

Pontes brings the cash leg onchain. But what about the asset leg? If the token moves but the official ownership record doesn’t, we’re still reconciling two systems. The real unlock is bringing both onchain.