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 said 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 use Canton for tokenization and settlement.
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