Eric Saraniecki, Canton Network | How Financial Markets Actually Work (And Why They Don’t)

“The vision is to rotate the world’s economy on-chain.” In this episode of Searching for Mana, Lloyd Wahed is joined by Eric Saraniecki, Co-Founder of Digital Asset and a key architect behind the Canton Network. Despite the ambition, the reality today is far more constrained. Financial systems still rely on fragmented infrastructure, delayed settlement, and processes that haven’t meaningfully evolved in decades. What looks instantaneous on the surface often takes days beneath it. Eric explains why previous blockchain approaches have struggled to translate into real capital markets adoption, and why the problem isn’t a lack of innovation, but a mismatch between technology and the requirements of large institutions. From privacy and control to interoperability and governance, the conversation explores what it actually takes to move finance on-chain at scale. They discuss why the future is unlikely to be won by a single chain, the importance of coordination over ideology, and how network effects between institutions, DeFi, and new market participants will shape the next phase of the industry. Eric also reflects on building through multiple cycles, the trade-offs between speed and pragmatism, and why meaningful change in capital markets is less about breakthroughs and more about sustained, incremental progress. Please like & subscribe! Eric Saraniecki: https://x.com/wesarn_real Canton Network: https://x.com/cantonnetwork Lloyd Wahed: https://x.com/LloydWahed Apple: https://podcasts.apple.com/gb/podcast/searching-for-mana-with-lloyd-wahed/id1491460738 Spotify: https://open.spotify.com/show/3HmB7fS60zRSvWq3sQgj3X?si=424419d0a6b749f4 YouTube: https://www.youtube.com/@searchingformanapodcast