Fireblocks has integrated the Canton Network, a privacy-enabled open blockchain network, purpose-built for institutional finance. The launch enables secure custody for Canton Coin (CC) and gives financial institutions a governed, secure environment to begin settling assets on Canton with Fireblocks’ enterprise policy controls and workflow automation. Fireblocks Trust Company, a qualified custodian chartered by the New York State Department of Financial Services (NYDFS), also supports custody of Canton Coin for its clients within a regulatory-compliant framework designed for the highest standards of fiduciary responsibility and risk management.
Canton combines privacy, interoperability, and scalability, providing real-time synchronization across regulated markets. By integrating Canton, Fireblocks offers banks, custodians, asset managers, and market participants a unified operational environment for private settlement, cross-application asset flows, and the emerging wave of regulated digital instruments.
Interest from traditional finance institutions – including global banks, market makers, and asset servicing platforms – has accelerated Canton’s momentum as a preferred network for regulated digital market infrastructure. Fireblocks’ integration supports this adoption by providing the MPC security, governance, required to bring institutional-scale activity onto Canton.
“Canton was designed to meet the privacy, compliance, and scalability requirements of institutional finance while enabling secure real-time synchronization across global markets,” said Melvis Langyintuo, executive director of the Canton Foundation. “Fireblocks’ integration strengthens that vision by giving institutions a trusted, production-ready environment to begin engaging with Canton Coin and to prepare for the next generation of regulated digital asset activity on the network.”
With support for Canton Coin now live, Fireblocks provides institutions a secure, governed way to begin operating on the network. Additional capabilities for Canton-based tokens and applications are planned, expanding the pathways for regulated settlement and asset flows over time.
“Institutions exploring tokenized assets and regulated digital finance need infrastructure that aligns with how they operate – confidentially, predictably, and with strong governance,” said Stephen Richardson, chief strategy officer and head of banking at Fireblocks. “Integrating Canton gives our customers a clear path to build and scale private settlement and future tokenization use cases on a network architected for institutional requirements.”
“Canton is purpose-built for regulated markets and offers the privacy, interoperability and scalability that will be in demand from traditional finance users,” added Chris Zuehlke, partner at DRW and global co-head of Cumberland. “Fireblocks’ institutional-grade [wallet] provides the secure operational foundation needed to interact with Canton at scale, reducing friction and accelerating adoption of Canton-based market workflows.”
