The Bridge kept its momentum into the 3 PM hour, diving into decentralization, privacy, and tokenization. In the panel, Decentralization Is Dead: Do Institutions Even Care?, Grace Chao (@Citi), Alex Devnew (@RoadCapMgmt), @loganjastremski (@FrictionlessVC), and @DannySursock (@archetypevc), moderated by @JohnKikko (@HederaFndn), debated whether decentralization still matters in an institutional world of KYC and compliance.

@Citi @RoadCapMgmt @LoganJastremski @FrictionlessVC @DannySursock The Privacy Gap in Stablecoin Payments (Presented by @AleoHQ) @1HowardWu (Aleo) and @cc_crowley (@a16zcrypto) sat down for a fireside chat on how privacy and transparency can coexist in the $1.2T stablecoin market.

Interoperability or Fragmentation: The Tokenization Challenge @cmoyall (@ApolloCryptoFM), Andrew Czupek (@northerntrust), Charles Michallet (@SocieteGenerale), and @wbpeck (@WisdomTreeFunds), moderated by Kathleen Wrynn (@InvescoLtd) - debated whether tokenized markets will converge or fragment across platforms. They explored liquidity fragmentation, infrastructure gaps, and regulatory alignment, emphasizing that interoperability is key to scaling institutional tokenization and bridging TradFi with DeFi.

The Missing Privacy Layer: Enabling Compliant Confidentiality on Public DeFi Rails (Presented by @ZKVProtocol) @robviglione (@HorizenLabs / @ZKVProtocol), Fahmi Syed (@MidnightNtwrk), and @itsbhaji (@centrifuge) joined moderator Colin Jones (@OuterlandsCap) to discuss how compliant privacy infrastructure can finally make DeFi suitable for institutions. The panel examined how open, verifiable privacy rails can preserve transparency while enabling confidential transactions - setting the stage for the next trillion dollars of institutional liquidity.