Confidentiality is a real gap for institutions building on Ethereum, and it's good to see a dedicated team going after it with specs and security properties instead of a deck. We've been doing our own engineering work on the institutional side this past years - privacy is one piece of a larger set of open problems: compliance tooling, custody integration, settlement finality. No single team closes all of that. We're building in this space as well, and where there's overlap on specific technical problems, we're open to that conversation.(Nethermind)