Fireblocks integrates Canton Network for regulated onchain settlement

The integration allows institutions to custody and settle assets on the privacy-enabled blockchain built for regulated financial markets.

Crypto infrastructure company Fireblocks has added support for the Canton Network, allowing financial institutions to custody and settle assets on a privacy-enabled blockchain designed for regulated markets. 

According to Tuesday’s announcement, the integration enables governed settlement of Canton Coin (CC) through Fireblocks’ platform and its New York Department of Financial Services–chartered trust entity. The offering is aimed at banks, custodians and asset managers exploring tokenized securities, deposits and other regulated instruments that require private settlement and strict controls.

Financial institutions can custody Canton Coin via Fireblocks and apply its existing enterprise policy controls and workflow automation when settling assets on the Canton Network. Fireblocks also operates a Super Validator on the network, giving it a direct role in transaction validation and governance.

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