Fireblocks Integrates Canton Network to Enable Regulated On-Chain Settlement

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Fireblocks has integrated the Canton Network to support on-chain news and regulated asset settlement for financial institutions. This integration enables custody and governance settlement of Canton Coin (CC) through Fireblocks' NYDFS-regulated entity. Fireblocks also operates a super validator node, participating in transaction validation. Developed by Digital Asset, the Canton Network is already in use by BitGo, Franklin Templeton, and DTCC for tokenized assets. This move aligns with broader network upgrade efforts within the institutional blockchain space.

Odaily Planet News: Cryptocurrency infrastructure company Fireblocks has announced the integration of Canton Network. This move allows financial institutions to custody and settle assets on a regulated private blockchain.

This integration supports 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.

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 this network for use cases including tokenized securities, deposits, and collateral management.

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