PANews reported on February 3 that, according to Cointelegraph, crypto infrastructure company Fireblocks announced that it has integrated support for Canton Network, allowing financial institutions to conduct asset custody and settlement on this privacy blockchain designed specifically for regulated markets.

This integration enables financial institutions to conduct controlled settlement of Canton Coin (CC) through the Fireblocks platform and its New York State Department of Financial Services-licensed trust entities. This service targets banks, custodians, and asset management companies exploring security tokenization, deposits, and other regulated instruments requiring private settlement and strict control. Financial institutions can use Fireblocks to custody Canton Coin and leverage their existing corporate policy controls and workflow automation mechanisms when settling assets on the Canton Network. Fireblocks also acts as a supervalidator node on the network, directly participating in transaction verification and governance.