.Fireblocks Expands Into Privacy‑Enabled Tokenization with Canton Network Integration
February 3 2026 – Cointelegraph
Crypto‑infrastructure firm Fireblocks announced on Tuesday that its platform now supports the Canton Network, a permissioned blockchain built for regulated markets. The move enables banks, custodians and asset managers that rely on Fireblocks’ New York‑chartered trust to custody and settle the network’s native token, Canton Coin (CC), as well as future Canton‑based assets.
What the Integration Means
Fireblocks’ new offering lets institutional users store Canton Coin within the company’s secure vault environment while applying the same enterprise‑grade policy controls, multi‑signature workflows and automated compliance checks that already power its broader digital‑asset service. In addition, Fireblocks runs a Super Validator on Canton, giving the firm a direct role in transaction validation and network governance.
By bridging its custody engine with the privacy‑focused blockchain, Fireblocks provides a bridge between traditional financial institutions and a platform that is expressly designed for private settlement of tokenized securities, deposits and other regulated instruments. The functionality is expected to be rolled out to other Canton‑derived tokens and applications over the coming months.
Why Canton Is Gaining Traction
The Canton Network, developed by Digital Asset and overseen by the Canton Foundation, has become a focal point for institutional tokenization projects throughout 2025 and early 2026. Its permissioned architecture offers privacy features and deterministic settlement—attributes that appeal to entities that must comply with strict regulatory frameworks.
Recent milestones illustrate the network’s growing ecosystem:
| Date | Institution | Initiative |
|---|---|---|
| Oct 2025 | BitGo | Added custody for Canton Coin, extending qualified‑custodian services to U.S. banks and asset managers. |
| Nov 2025 | Franklin Templeton | Linked its Benji tokenization platform to Canton, enabling on‑chain U.S. government money‑market funds to act as collateral in the Global Collateral Network. |
| Dec 2025 | DTCC | Announced plans to mint a tranche of U.S. Treasury securities on Canton, with the prospect of expanding to other asset classes. |
| Jan 2026 | Temple Digital Group | Launched a non‑custodial, 24/7 institutional trading venue built on Canton, featuring a central limit order book for continuous liquidity. |
The cumulative effect of these integrations has been reflected in market sentiment: Canton Coin has appreciated roughly 31 % over the past three months, according to CoinGecko data.
Fireblocks’ Scale and Credibility
Fireblocks already processes more than $5 trillion in digital‑asset transfers each year and has facilitated over $10 trillion in total transfers since its inception. Its platform serves more than 2,400 organizations worldwide, ranging from crypto‑native firms to legacy financial institutions that are exploring tokenization.
The addition of Canton support therefore represents a logical extension of Fireblocks’ strategy to become the de‑facto infrastructure layer for regulated digital‑asset activity. By offering custody for a privacy‑enabled blockchain, the firm helps bridge the gap between the demand for confidentiality and the need for regulatory compliance.
Analyst Perspective
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“Fireblocks’ entry into the Canton ecosystem signals that institutional players are no longer content with public‑chain tokenization alone. They need the privacy and governance guarantees that permissioned networks provide,” said Laura Chen, a senior analyst at Blockchain Research Partners.
- “The fact that Fireblocks is running a Super Validator gives it a seat at the table for network upgrades and policy decisions, which could translate into deeper integration opportunities for its customers,” added Markus Feld, head of digital‑asset strategy at Nimbus Capital.
Both analysts agree that the move could accelerate the migration of high‑value, regulatorily sensitive assets—such as government securities or corporate bonds—onto blockchain platforms, thereby enhancing liquidity and operational efficiency.
Key Takeaways
- Fireblocks now supports Canton Coin on its custodial platform, extending its suite of services to privacy‑focused, permissioned blockchains.
- The integration allows institutions to apply Fireblocks’ existing policy controls and workflow automation when settling assets on the Canton Network.
- Fireblocks operates a Super Validator, giving it a direct role in transaction validation and network governance.
- The Canton Network continues to attract major institutional players, including BitGo, Franklin Templeton, DTCC and Temple Digital Group, underscoring its relevance for regulated tokenization.
- Canton Coin has seen a 31 % price increase over the last three months, reflecting heightened market interest.
- Fireblocks’ backing adds credibility and scalability to Canton, potentially encouraging further adoption of tokenized securities and other regulated assets on the platform.
As tokenization gains momentum across regulated markets, the collaboration between Fireblocks and the Canton Network may become a benchmark for how custodial infrastructure and privacy‑enabled blockchains can co‑evolve to meet the demanding compliance standards of traditional finance.
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