
Amina adds regulated custody for Canton Coin
Amina Bank said it has become the first regulated bank to provide custody and trading services for Canton Coin, expanding institutional access to blockchain-based capital markets infrastructure.
The Swiss bank said institutional clients will now be able to hold and trade Canton Coin through a banking platform regulated by the Swiss Financial Market Supervisory Authority rather than relying on crypto-native exchanges or custodians.
The announcement also strengthens adoption of the Canton Network, a public blockchain developed by Digital Asset and backed by institutions including Visa Inc, Goldman Sachs Group Inc and Citadel LLC.
Amina said the integration could support institutional firms using Canton for tokenisation, collateral management, settlement and repo market infrastructure as traditional finance increasingly adopts blockchain systems.
The development follows Amina’s March participation in the EU-regulated blockchain securities platform 21X under the bloc’s distributed ledger technology pilot regime for tokenised securities markets.
Canton Network has expanded its institutional footprint in recent months, including support from BitGo Inc. for trading and onchain settlement services and integration of S&P Dow Jones US Treasury Index benchmark data onto the network.
The network faces competition from enterprise-focused blockchain systems including Corda and Hyperledger Fabric as financial institutions race to build tokenised asset infrastructure.