Fireblocks Integrates Canton Network to Support Regulated On-Chain Settlement

Odaily News Cryptocurrency infrastructure company Fireblocks has announced its integration with the Canton Network. This move allows financial institutions to custody and settle assets on a regulated, privacy-focused blockchain.

This integration supports the governance settlement of Canton Coin (CC) through the Fireblocks platform and its trust entity regulated by the New York State Department of Financial Services (NYDFS). Fireblocks also operates a super validator node within the network, directly participating in transaction validation and governance.

The Canton Network is a permissioned blockchain developed by Digital Asset and governed by the Canton Foundation. Institutions such as BitGo, Franklin Templeton, and DTCC have already integrated the network for businesses including tokenized securities, deposits, and collateral management.