Written by Sam Bourgi, Staff Editor. Reviewed by Robert Lakin, Staff Editor.
Written by Sam Bourgi, Staff Editor.
Reviewed by Robert Lakin, Staff Editor.
Switzerland’s Amina becomes first regulated bank to custody Canton Coin
Latest NewsPublishedMay 6, 2026
The FINMA-regulated bank’s institutional clients will get access to trading and holding Canton Coin through a banking platform instead of crypto-native venues.
Swiss crypto bank Amina has added custody and trading support for Canton Coin, becoming the first FINMA-regulated bank to support the token linked to the institutional-focused Canton Network.
In a Wednesday announcement, Amina stated clients will gain regulated access to the Canton Network, a public blockchain designed for capital markets and tokenized finance. The network was developed by Digital Asset and is backed by the Depository Trust & Clearing Corporation, Visa, BitGo, Goldman Sachs and Citadel.
The move allows institutional clients to hold and trade Canton Coin through a banking platform regulated by the Swiss Financial Market Supervisory Authority (FINMA) rather than relying on a crypto-native exchange or custodian, potentially supporting companies that utilize Canton for tokenization and settlement.
Source: AMINA Bank
The announcement builds on Amina’s broader push into tokenized finance infrastructure. In March, the bank, based in Zug, Switzerland, became the first regulated banking participant on the EU-regulated blockchain securities platform 21X, which operates under the bloc’s DLT pilot regime for tokenized securities markets.
Related: Tennessee Bankers Association names Stablecore as preferred digital asset provider
Canton expands institutional finance footprint
Canton Network is positioning itself as blockchain infrastructure for traditional financial institutions, with a focus on tokenized assets, settlement, collateral management and repo markets. Its Canton Coin token is currently valued at around $0.15, with a total market capitalization of $5.7 billion, as reported by CoinMarketCap data.
Canton Coin (CC) market capitalization. Source: CoinMarketCap
In April, BitGo expanded its Canton Coin services beyond custody to include trading and onchain settlement, broadening institutional access to the network’s token and related financial activity.
Meanwhile, S&P Dow Jones Indices recently brought its US Treasury Index benchmark onto the Canton Network, allowing institutions to access fixed-income benchmark data through tokenized infrastructure.
Canton faces competition from several enterprise blockchain networks targeting institutional finance. Among them is R3’s Corda, which was designed for banks and regulated financial markets with an emphasis on privacy and permissioned transactions.
Another competitor, Hyperledger Fabric, has seen broad adoption in enterprise blockchain environments, particularly among financial institutions and large corporations.
Related: Bernstein cites $4T tokenized credit opportunity for Figure Technology stock
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
More on the subject
Bithumb enters Vietnam crypto license race with SSI Digital deal
10 minutes ago
Christina Comben
Samourai Wallet co-founder appeals for donations to pay $2M legal fees
1 hour ago
Stephen Katte
Trump-linked American Bitcoin reports $82M Q1 loss, revenue miss
2 hours ago
Jesse Coghlan
Bithumb enters Vietnam crypto license race with SSI Digital deal
10 minutes ago
Christina Comben
Samourai Wallet co-founder appeals for donations to pay $2M legal fees
1 hour ago
Stephen Katte
Trump-linked American Bitcoin reports $82M Q1 loss, revenue miss
2 hours ago
Jesse Coghlan
