Fireblocks Canton integration targets privacy-focused tokenization for institutional markets

Institutional clients will gain new access to privacy-focused digital asset rails as Fireblocks canton integration extends regulated tokenization infrastructure to a broader set of financial institutions.

Fireblocks expands infrastructure with Canton Network integration

Digital asset infrastructure firm Fireblocks is integrating with the Canton Network, expanding its regulated tooling for tokenization, settlement, and institutional digital asset flows. Moreover, the move is aimed at financial institutions seeking compliant blockchain infrastructure.

The integration adds custody and operational support for Canton Coin (CC) to the Fireblocks platform, enabling institutions to settle assets on Canton using Fireblocks enterprise-grade policy controls and workflow automation. However, users will still operate within a governed and privacy-enabled environment designed for regulated markets.

Fireblocks, which secures more than $5 trillion in digital asset transfers annually, said the partnership further cements its role as a foundational infrastructure layer for regulated digital finance. That said, the firm continues to position itself as a core provider for institutional-grade blockchain operations.

Privacy-enabled settlement for institutional finance

Canton is an open blockchain network tailored to institutional finance, combining privacy, interoperability, and scalability while supporting real-time synchronization across regulated markets. Its design targets banks, asset managers, and market infrastructures that require strict compliance controls.

“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 traction as a preferred network for regulated tokenization infrastructure, spanning tokenized securities, deposits, and settlement workflows. Moreover, the new integration may reduce operational friction for firms that already rely on Fireblocks for digital asset operations.

Fireblocks Trust Company to provide regulated custody

Canton Coin custody will be delivered through Fireblocks Trust Company, a qualified custodian chartered by the New York State Department of Financial Services (NYDFS). The structure is designed to bring bank-grade oversight to blockchain-based settlement assets.

The trust framework offers institutional clients a regulatory-compliant custody model aligned with fiduciary and risk management expectations at large financial firms. However, it also seeks to maintain the flexibility needed to support evolving tokenized markets.

The update relies on Fireblocks MPC security architecture and granular governance controls, allowing institutions to transact on Canton with protections required for institutional-scale adoption. That said, the emphasis remains on secure, policy-driven operations within a regulated perimeter.

Pathway to regulated tokenization and digital instruments

Stephen Richardson, Chief Strategy Officer and Head of Banking at Fireblocks, said institutions experimenting with tokenized assets and regulated digital instruments need infrastructure that mirrors existing operating standards.

“Institutions exploring tokenized assets and regulated digital finance need infrastructure that aligns with how they operate — confidentially, predictably, and with strong governance,” Richardson said. Moreover, he suggested that enterprise workflows must integrate seamlessly with compliance, risk, and reporting frameworks.

In this context, the fireblocks canton integration is positioned as a bridge between traditional operating models and on-chain tokenization, particularly for use cases such as tokenized securities, deposits, and complex settlement flows.

Traditional finance demand for compliant blockchain infrastructure

Chris Zuehlke, Partner at DRW and Global Co-Head of Cumberland, argued that Canton’s architecture aligns closely with the needs of banks and institutional trading firms.

“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.”

As institutional adoption evolves, this type of privacy enabled settlement framework may underpin new issuance, trading, and post-trade processes in tokenized markets. However, long-term growth will depend on regulatory clarity and continued infrastructure standardization.

Strategic expansion: Fireblocks acquires TRES for $130 million

The integration comes shortly after a major acquisition. In January, Fireblocks agreed to buy crypto accounting and tax platform TRES for $130 million, in a deal focused on strengthening compliance and reporting tools for institutions handling digital assets at scale.

The TRES acquisition is intended to complement Fireblocks’ transactional and custody stack with enterprise-grade accounting and tax capabilities. Moreover, it arrives as on-chain activity expands across corporate treasuries, payment systems, and capital markets workflows.

As corporate and institutional users push deeper into tokenized assets and digital instruments, the combination of Canton Network integration, Fireblocks Trust Company custody, and enhanced compliance tooling positions Fireblocks as a key hub in the emerging institutional digital asset ecosystem.