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Ripple Custody adds Canton Network support for institutional digital assets

Ripple Custody has integrated the Canton Network in version 1.43, allowing institutions to store and transfer Canton Coin and CIP-56 tokens alongside other digital assets.

Graphic displaying the Canton logo and Ripple logo side by side in yellow on a black background.
Image: @CoinDesk

Ripple Custody has added support for the Canton Network, bringing its digital asset custody infrastructure to the network's ecosystem. According to Crypto Briefing, the functionality arrived in Ripple Custody version 1.43, which allows institutional users to hold and transfer Canton Coin and CIP-56 tokens in one platform.[4][1]

The integration allows institutions to manage Canton assets through the same custody platform, policy engine, and audit trail they already use for their other digital assets, CoinDesk reported. Reporting from crypto.news noted that the rollout expands institutional custody coverage across the Canton network.[2][1]

Canton Network also announced that Ripple's Custody platform integrated its chain. Although the official announcement post was non-descriptive, BSCNews reported that the connection indicates support for Canton Coin and potentially other Canton-based assets.[3]

Key facts

  • Ripple Custody version 1.43 introduced support for the Canton Network.
  • The update enables institutions to hold and transfer Canton Coin and CIP-56 tokens within a single platform.
  • The integration allows institutions to handle Canton assets using the same custody platform, policy engine, and audit trail as their other digital assets.
  • Canton Network announced the chain integration by Ripple's Custody platform in a post described by BSCNews as non-descriptive.

Sources · 4 sources

  1. CN

    crypto.news@cryptodotnewsPost on X ·

    JUST IN: Ripple Custody integrated on Canton The integration brings Ripple’s institutional-grade digital asset custody infrastructure to Canton’s network, expanding custody support for assets and institutions using the ecosystem. https://t.co/PxXqQn1eF3

    Open source
  2. CO

    CoinDesk@CoinDeskPost on X ·

    NEW: @Ripple Custody adds @CantonNetwork support, letting institutions hold and transfer Canton assets within the same custody platform, policy engine and audit trail as their other digital assets. https://t.co/Udsgb8XHGi

    Open source
  3. BS

    BSCN@BSCNewsPost on X ·

    Ripple x Canton Network @CantonNetwork has just announced that @Ripple's Custody platform has integrated its chain. Though the official post is non-descriptive, this presumably means that Ripple Custody now has full support for Canton Coin $CC, and potentially other Canton-based assets. Two giants coming together in $CC and $XRP ...

    Open source
  4. CB

    Crypto BriefingArticle ·

    Ripple Custody adds Canton Network support for institutions Ripple Custody version 1.43 adds Canton Network support, letting institutions hold and transfer Canton Coin and CIP-56 tokens in one platform. The post Ripple Custody adds Canton Network support for institutions appeared first on Crypto Briefing .

    Open source