Neither Bitcoin nor Ethereum: This is the network that large institutions are using to move their money

Digital asset infrastructure provider Fireblocks announced the official integration of the Canton Network into its custody and settlement platform.

This integration allows banks, custodians, and asset managers to begin trading tokenized securities and deposits under privacy frameworks that traditional public networks, such as Bitcoin or Ethereum, cannot currently guarantee.

The initiative was finalized after Fireblocks Trust Company, an entity regulated by the New York Department of Financial Services, received authorization to hold the network's native token. Canton Coin (CC)This allowed Fireblocks to assume a deeper role in the ecosystem by also becoming a “Super Validator,” a function that gives it operational capacity within Canton to process part of the more than $5 trillion that the firm moves each year in digital assets.

With this adoption, Canton Network consolidates an interoperability model that protects financial information and maintains the integrity of business data. According to experts, this approach responds to an increasingly visible demand within the institutional sector, where technological efficiency and regulatory confidentiality converge as pillars of the new tokenized financial system.

A "ledger of ledgers" for global banking

Canton Network does not define itself as a conventional blockchain, but as a "network of networks" designed Specifically designed to coordinate financial contracts across multiple independent ledgers. Unlike Ethereum, where every transaction is replicated across all network nodes, Canton allows each institution to operate its own private ledger while synchronizing with other participants only when absolutely necessary.

This architecture of "privacy by design" It has been the catalyst for industry giants to move their operations to this blockchain infrastructure. 

In December 2025, the Depository Trust & Clearing Corporation (DTCC), a fundamental part of the American financial system, selected to the Canton Network to tokenize a portion of the U.S. Treasury securities under its custody. According to industry sources, this ability to maintain the confidentiality of trading positions—a legal requirement in most jurisdictions—is what sets Canton Network apart from traditional permissioned networks.

Canton consolidates its role in global banking tokenization

The addition of Fireblocks marks another decisive step in the consolidation of the Canton network at the start of 2026. This move follows the integration carried out by franklin templeton Months ago, the company linked its tokenization platform, Benji, to this blockchain infrastructure. Thanks to this connection, the firm's tokenized assets can now be used as collateral within the Global Guarantee Network, expanding the operational possibilities for institutional participants. 

In addition, several financial companies have strengthened Canton's ecosystem by offering custody support, an advancement that allows US banks to hold assets on the network through properly qualified custodians.

On the other hand, market performance has also reflected the impact of this growing institutional adoption. While Bitcoin and most altcoins have faced stagnation or slight declines since the end of 2025, the Canton (CC) token has shown a solid recovery of approximately 31% over the past three months. 

Market data shows that the CC token is trading around $0,17 and maintains a market capitalization of $6.700 billion. This surge is mainly due to the tangible utility from the network, rather than speculative impulses from the retail market.

Under the management of the Canton Foundation, the project continues to attract big names in global banking such as Goldman Sachs y BNY Mellon, who are making progress in developing tokenized deposit solutions to improve the liquidity and efficiency of intraday trading.