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Yuval Rooz

๐Ÿ‘ค Speaker
862 total appearances

Appearances Over Time

Podcast Appearances

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

But like, come on, I mean, us advertising on block works.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

I mean, like I said, I mean, we have DEXs that are being used by degens that want to trade with privacy.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

I actually don't think that that's a bad thing.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

Sure.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

So first of all, if you don't know who Broadridge is, if you ever received a letter to do a proxy vote on an equity...

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

it was probably delivered to you by Broadridge.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

I vote on all of my proxy votes every single time.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

So they are a small company that is running the back office and middle office for 70% of the U.S.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

fixed income market.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

So they do important things.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

They're not necessarily like always in the news.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

It's not like front and center, but they do process and manage a big chunk of the U.S.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

market.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

You know, you say that $300 billion is a big number and it is a big number.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

But actually, when you look at the global repo market on a daily volume perspective, it is about, I think today, $10.5 to $11 trillion every day.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

Only in the US, it's $5.5 trillion every single day.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

Okay, that's what it is.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

So $300 billion, right, is not even 10% of that.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

It's close, it's impressive, but it's not that.

Bankless
Is Canton a Real Blockchain? | Canton Founder Yuval Rooz

So what Broadridge have done is they move treasuries on Canton.