#161 The DTCC and Brazil's Stock Exchange Picked Canton | Ryan Wishnow, Memora

Background: Ryan Wishnow — operating at the intersection of institutional DeFi, Canton blockchain, AI security across multiple companies and the founder of Memora.

Description: Mike Schroeder and Skyler Steinke interview Ryan Wishnow, founder of Memora, about his shift from a decade in M&A and enterprise development into the Canton ecosystem. Ryan explains that Canton's institutional traction comes from being engineered for TradFi needs—especially settlement and native, selectively private smart contracts in DAML—plus its “network of networks” model with validators and super validators.

He shares experience at Obsidian Systems supporting high demand for Canton implementations and the challenge of scaling DAML training. The discussion covers multi-chain institutional strategies, DTCC’s tokenized custody treasuries project targeting an expanded service offering by October, and Brazil’s stock exchange exploring Canton after a prior blockchain flop.

Ryan outlines Memora’s evolution from document attestation to a security-first, self-service bridge with audits and Redstone proof-of-reserves, starting with wrapped SOL and targeting other chains, with a longer-term thesis to distribute RWAs from Canton to mature markets to address liquidity.