AMINA Bank Becomes First to Support Canton Coin Trading and Custody
AMINA Bank, a Swiss regulated cryptocurrency bank, became the first institution globally to offer trading and custody of Canton Coin, the native asset of the Canton Network, according to a Business Wire announcement published May 5. Canton Coin is the settlement and governance token of the Canton Network, a privacy-preserving blockchain designed for institutional financial applications including securities settlement and derivatives clearing.
The listing gives institutional clients a regulated on-ramp to an asset that has operated largely outside traditional banking infrastructure.
The Canton Network and Its Token
The Canton Network was developed by Digital Asset, the enterprise blockchain firm founded by former JPMorgan executive Blythe Masters. It uses the Daml smart contract language to allow financial institutions to share data selectively without exposing positions to the full network, a feature designed to meet regulatory requirements around trade confidentiality.
Canton Coin functions as the network’s native staking and fee-payment asset. AMINA’s support for trading and custody means clients can now hold Canton Coin within a fully licensed banking framework governed by the Swiss Financial Market Supervisory Authority.
Also Read: Southern England Rail Services Hit by Radio Fault Chaos
Background
AMINA Bank, formerly known as SEBA Bank, rebranded in 2023 and has built a track record of institutional firsts in the regulated digital asset space.
The bank was the first globally to support Ripple USD (RLUSD), and among the first to offer Sui (SUI) trading and custody, both of which subsequently drew broader institutional adoption. A Business Wire release confirmed that AMINA plans further expansion within the Canton Network ecosystem as its institutional client base grows.
The Canton Network has attracted participation from Goldman Sachs, BNP Paribas, and Deutsche Börse in various proof-of-concept programs since 2023.
Also Read: Morrisons Fined £750K After Inspectors Found 51 Hygiene Failures at Welsh Bakery
What Comes Next
AMINA has not disclosed whether it plans to support Canton Coin in its institutional lending or structured product offerings. The Canton Network is targeting live deployment for cleared derivatives settlement, with several major banks having signed letters of intent.
A regulated custody solution from AMINA lowers the operational barrier for asset managers who want exposure to Canton Coin without building their own custody infrastructure. Broader adoption will likely hinge on how quickly Canton Network moves from pilots to production-scale settlement volumes.
Read Next: Shell CEO Warns Oil Market Is Down Nearly 1 Billion Barrels as Iran War Drags On
