PANews May 5 news, according to Forbes, despite Wall Street's growing interest in blockchain and asset tokenization, many institutional projects remain in the pilot and proof-of-concept stage, with few cases truly entering production environments and generating actual revenue. Canton CEO and Digital Asset co-founder Yuval Rooz stated that there is a "huge disconnect" between blockchain promises and actual online revenues.

The report states that the main bottleneck for institutional blockchain adoption is not the technology itself, but the execution and implementation capabilities. Kresus recently announced a partnership with Canton Network, aiming to help enterprises from initial integration to large-scale deployment, designing, developing, and launching production-grade blockchain applications.

It is reported that Kresus is currently collaborating with multiple global financial institutions to deploy blockchain applications on Canton, including cooperation with Hanwha Investment & Securities to develop a tokenized digital asset platform aimed at private market assets. Canton Network is positioned as a blockchain network for financial institutions, supporting configurable privacy and governance controls in a shared blockchain environment.

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