Digital Asset co-founder and CEO Yuval Rooz emphasized that the crypto industry has not truly achieved decentralization, but rather replaced old intermediaries with new ones like DEXs. He noted that traditional banks have been hesitant to participate in blockchain due to early models lacking privacy and permission, which are crucial for compliance with KYC and AML regulations. Canton addresses these concerns by offering auditable privacy and a compliance framework, enabling banks to safely and compliantly engage in on-chain financial activities. This approach aims to build a new generation of blockchain-based financial infrastructure, referred to as "The new Wall Street."