Fireblocks integrates Canton Network to support regulated on-chain settlements
PANews, February 3rd – According to Cointelegraph, crypto infrastructure company Fireblocks has announced its integration with support for Canton Network, allowing financial institutions to conduct asset custody and settlement on this privacy blockchain specifically designed for regulated markets.
Through this integration, financial institutions can perform controlled settlement of Canton Coin (CC) via the Fireblocks platform and its New York State Department of Financial Services-chartered trust entity. The service targets banks, custodians, and asset management companies exploring securities tokenization, deposits, and other regulated instruments requiring privatized settlement and strict controls. Financial institutions can use Fireblocks to custody Canton Coin and maintain their existing enterprise policy controls and workflow automation mechanisms when settling assets on Canton Network. Fireblocks also serves as a super validator node on the network, directly participating in transaction validation and governance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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