Two names you need to track in the DTCC working group: $KAIKO and Zenith Foundation.

$KAIKO brings regulated pricing + onchain data infrastructure. Multi-chain tokens = price divergence risk. Kaiko solves this by giving institutions one traceable value per token across all networks. Critical for collateral management and risk controls.

Where does collateral actually flow? Canton Network. Kaiko already deployed their data service there.

Zenith Foundation = EVM execution layer for Canton Network. Kaiko's Data On-Ramp oracle is live on Zenith testnet, mainnet soon. This gives Solidity devs access to regulated multi-asset pricing feeds from day one. Build tokenized assets, lending, or collateral workflows on institutional rails with trusted data.

Alpha signal: Kaiko just extended Series B to $110M. Led by S&P Global. Backers include BNP Paribas, Broadridge, Canton, Coinbase Ventures, DRW VC, Nasdaq Ventures, RBC, Stellar, and Susquehanna.

Institutional infrastructure is being built in real time. Pay attention.