Fireblocks to Integrate Canton Network, Bringing Privacy-Focused Tokenization to Clients

Canton Network Fireblocks Tokenization
Journalist
Journalist
Tanzeel AkhtarVerified
Part of the Team Since
Feb 2018
About Author

Tanzeel Akhtar has been reporting on cryptocurrency and blockchain technology since 2015. Her work has appeared in leading publications including The Wall Street Journal, Bloomberg, CoinDesk, Bitcoin...

Last updated: 

Digital asset infrastructure firm Fireblocks has announced a new integration with the Canton Network, expanding its regulated infrastructure offerings for tokenization, settlement, and institutional digital asset flows.

The integration brings custody and operational support for Canton Coin (CC) to Fireblocks’ platform, giving financial institutions a governed and privacy-enabled environment to begin settling assets on Canton using Fireblocks’ enterprise-grade policy controls and workflow automation.

Fireblocks, which secures more than $5 trillion in digital asset transfers annually, said the move strengthens its position as a foundational infrastructure layer for regulated digital finance.

Privacy-Enabled Settlement Built for Institutional Markets

Canton is an open blockchain network purpose-built for institutional finance, designed to combine privacy, interoperability, and scalability while enabling real-time synchronization across regulated markets.

“Canton was designed to meet the privacy, compliance, and scalability requirements of institutional finance,” 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.”

Interest from traditional finance institutions has accelerated Canton’s momentum as a preferred network for regulated tokenization infrastructure, including tokenized securities, deposits, and settlement workflows.

Fireblocks Trust Company Adds Regulated Custody Support

Fireblocks said custody for Canton Coin will be supported through Fireblocks Trust Company, a qualified custodian chartered by the New York State Department of Financial Services (NYDFS).

The trust structure provides institutional clients with a regulatory-compliant custody framework designed to meet fiduciary and risk management standards expected by large financial firms.

The update also uses Fireblocks’ MPC security architecture and governance control, allowing institutions to operate on Canton with the protections required for institutional-scale adoption.

A Pathway for Regulated Tokenization and Digital Instruments

Stephen Richardson, Chief Strategy Officer and Head of Banking at Fireblocks, said institutions need infrastructure that is in line with traditional operating requirements.

“Institutions exploring tokenized assets and regulated digital finance need infrastructure that aligns with how they operate—confidentially, predictably, and with strong governance,” Richardson said.

Growing Demand?

Chris Zuehlke, Partner at DRW and Global Co-Head of Cumberland, explains that Canton’s architecture is well-suited for traditional finance users seeking compliant blockchain infrastructure.

“Canton is purpose-built for regulated markets and offers the privacy, interoperability, and scalability that will be in demand from traditional finance users,” Zuehlke said. “Fireblocks’ institutional-grade wallet provides the secure operational foundation needed to interact with Canton at scale.”

Fireblocks Acquires TRES for $130M

In January, Fireblocks agreed to acquire crypto accounting and tax platform TRES for $130 million, a move intended to strengthen compliance tools for institutions managing digital assets at scale.

The deal comes as on-chain activity continues to expand across corporate treasuries and payment systems.

2M+

Active Monthly Users Around the World

250+

Guides and Reviews Articles

8

Years on the Market

70

International Team Authors
editors
+72 More
At Cryptonews, we aim to make cryptocurrency, blockchain, and Web3 understandable, and information available to everyone, no matter what level you are in your investment journey. Founded in 2017, Cryptonews has been dedicated to delivering reliable, multilingual coverage of the cryptocurrency industry.

Best Crypto ICOs

Discover trending tokens still in presale — early-stage picks with potential.

Explore Our Tools

Smart tools made for everyday crypto users

Market Overview

  • 7d
  • 1m
  • 1y
Market Cap
$2,355,183,143,563
-15.30%
Trending Crypto

More Articles

Blockchain News
Coinbase UK CEO Says Tokenised Collateral Is Moving Into Market Mainstream
Tanzeel Akhtar
Tanzeel Akhtar
2026-02-06 10:54:12
Opinions
AI Will Remove the Worst Human Decisions From Trading. Here’s Why It’s a Good Thing
Bryan Benson
Bryan Benson
2026-02-06 10:47:14
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors