Key Takeaways:
ZUG, Switzerland – AMINA Bank AG, a Swiss crypto bank regulated by FINMA, on May 6 became the first bank to offer custody and trading services for Canton Coin (CC), the native token of the public, privacy-preserving blockchain Canton Network.
“By making Canton Coin available for custody and trading, AMINA is providing clients... with the regulated access they need to engage with this ecosystem,” said Myles Harrison, Chief Product Officer at AMINA. “Making Canton Coin available is a deliberate step to ensure our clients have regulated access to the infrastructure underpinning institutional finance’s next chapter.”
The move comes as Canton Network gains significant institutional traction, attracting financial heavyweights like the DTCC, Visa, and BitGo. Visa recently expanded its global stablecoin settlement pilot to include Canton, one of nine blockchain networks now part of a system that has reached a $7 billion annualized run rate, according to company announcements.
For Canton, the support from a FINMA-regulated bank provides a crucial, compliant gateway for institutional participants. “For Canton Network participants who need a compliant, supervised home for their Canton Coin holdings, AMINA provides that with the credibility and regulatory standing that the ecosystem demands,” said Viv Diwakar, Head of the Canton Foundation.
AMINA’s support aims to reduce friction for professional investors and institutions using the Canton Network for tokenization and settlement. The network is developing an on-chain capital markets ecosystem for repo, lending, and wrapped asset flows designed specifically for regulated firms.
AMINA has a history of being an early supporter of institutionally significant tokens, having been the first to offer custody for Ripple USD (RLUSD) and SUI. The bank's decision to add Canton Coin aligns with its strategy of providing regulated access to emerging digital asset infrastructure.
The integration with AMINA follows Canton's inclusion in Visa's expanding settlement program. Visa noted that Canton's configurable privacy features make it ideal for regulated capital markets and institutional compliance, reinforcing the network's core value proposition.
Visa's stablecoin settlement volume grew 50% in a single quarter to reach a $7 billion annualized run rate, highlighting the rapid institutional shift toward blockchain-based payment rails. By becoming a validator for Canton, Visa is not just a user but an active participant in securing the network, adding another layer of institutional validation.
This article is for informational purposes only and does not constitute investment advice.
