Crypto infrastructure company Fireblocks has integrated with the Canton Network, enabling financial institutions to custody and settle assets on a blockchain tailored for privacy within regulated markets.

According to an announcement made on Tuesday, this integration allows for the governance of Canton Coin (CC) through Fireblocks’ platform, which is chartered by the New York Department of Financial Services. This service is directed at banks, custodians, and asset managers that are interested in tokenized securities, deposits, and other regulated instruments requiring secure settlement and rigorous controls.

Financial institutions can manage Canton Coin via Fireblocks while utilizing existing enterprise policy controls and workflow automation for asset settlement on the Canton Network. Notably, Fireblocks serves as a Super Validator, thus receiving a pivotal role in transaction validation and governance.

The firm anticipates rolling out support for additional Canton-based tokens and applications in the future.

Fireblocks currently secures over $5 trillion in digital asset transfers each year and has facilitated more than $10 trillion in total transfers to date, with a customer base exceeding 2,400 organizations.

Institutional Adoption of the Canton Network

The Canton Network, a permissioned blockchain developed by Digital Asset and overseen by the Canton Foundation, has witnessed ongoing institutional integration since late 2025 into early 2026.

In October, the digital asset infrastructure provider BitGo started offering support for Canton Coin, allowing U.S. banks and asset managers to custody the token through a qualified custodian.

Approximately a month later, Franklin Templeton integrated its Benji tokenization platform with the Canton Network, enabling tokenized assets issued via Benji, which include Franklin Templeton’s on-chain U.S. government money market fund, to be utilized as collateral and liquidity within Canton’s Global Collateral Network.

In December, the Depository Trust & Clearing Corporation (DTCC) announced intentions to mint a portion of U.S. Treasury securities on the Canton Network, with possibilities for expanding to other assets.

Recently, Temple Digital Group launched a private institutional trading platform based on Canton, permitting continuous trading around the clock through a centralized limit order book with a non-custodial structure.

Canton’s native token, Canton Coin, has reacted positively to the surge in network activity, registering a 31% increase over the past three months, according to data from CoinGecko.