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Amina Bank Pioneers Regulated Trading for Canton Coin on New Blockchain Network

A major leap for blockchain in finance: Amina Bank unlocks compliant trading of Canton Coin. Could this reshape how institutions engage with digital assets?

The image shows a white background with a pie chart depicting the crypto-currency market...
The image shows a white background with a pie chart depicting the crypto-currency market capitalizations in 2016. The chart is divided into sections, each representing a different type of cryptocurrency, such as Bitcoin, Ethereum, Litecoin, and Litecoin. The text accompanying the chart provides further details about the capitalizations.

Amina Bank Pioneers Regulated Trading for Canton Coin on New Blockchain Network

Amina Bank has become the first institution to offer custody and trading services for Canton Coin (CC). The move provides regulated access to the new blockchain network designed for capital markets. Several major firms are already building applications on the platform. The Canton Network is a public blockchain focused on privacy for financial markets. It aims to create an on-chain ecosystem for capital markets, with institutions like DTCC, Visa, and BitGo already developing applications.

Amina Bank’s service allows institutional clients to hold and trade Canton Coin through a single FINMA-regulated institution. Myles Harrison, the bank’s Chief Product Officer, stated that this offers compliant access to the network’s ecosystem. The bank has previously introduced other digital assets, including Ripple USD (RLUSD) and SUI, to its clients. Viv Diwakar, Head of the Canton Foundation, praised Amina Bank for providing a supervised and compliant home for Canton Coin holdings. The bank also plans to expand its role within the Canton Network in the future.

Amina Bank’s service enables institutions to engage with Canton Coin under regulatory oversight. The platform’s growth includes contributions from major financial firms. This marks a step toward broader adoption of blockchain in capital markets.

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