Zodia Custody Announces Custody Support for Canton Coin

Zodia Custody, the institution-first digital assets platform backed by Standard Chartered, Northern Trust, SBI Holdings, National Australia Bank, and Emirates NBD, today announced that it is the first bank-backed custodian to offer custody support for Canton Coin (CC), the native token for Canton Network. 

The Canton Network is a ‘network of networks’, designed to facilitate seamless and secure transactions for the world’s largest financial players to operate with a high degree of information safeguarding. By providing support for CC, Zodia Custody is unlocking a crucial component of the network’s infrastructure allowing participants in the Canton ecosystem to securely scale their Canton operations. 

Furthermore, Zodia Custody will also waive custody fees for CC with upcoming plans to feature the token in its recently announced Zodia Rewards programme, providing clients the ability to maximise their utility on the network. This is Zodia Custody’s first step to becoming the institutional gateway to the ‘network of networks’.

“Our clients demand secure access to the most significant innovations in digital assets,” said Anoosh Arevshatian, Chief Product Officer at Zodia Custody. ”Our support for Canton Coin delivers directly on that promise, providing a vital gateway to a network poised to redefine how institutions interact. Joining the Canton Foundation was a natural next step, allowing us to advocate for our clients’ needs and ensure the infrastructure evolves with the highest standards of security and capital efficiency.”

“The Canton Foundation is excited to welcome Zodia Custody as a member and an important and integral partner across the Canton ecosystem.” said Melvis Langyintuo, Executive Director of the Canton Foundation. “Zodia Custody’s secure infrastructure will be deployed across the network; from custody solutions for Canton Coin and network validator support, to future novel native Canton application deployments. Lastly, through Zodia Custody’s experience in traditional finance and crypto, their contributions in Canton Foundation governance will be very valuable to the ecosystem.”

CC is essential for participation in the Canton Network – a decentralised infrastructure governed by the Canton Foundation and backed by the world’s largest multinational institutions including Goldman Sachs, BNP Paribas, and Microsoft. In addition to CC support, Zodia Custody has also joined the Canton Foundation, giving it a voice in the network’s governance. 

With the introduction of Zodia Custody Canton Coin support, the firm reinforces its role as a trusted gateway to the Canton Network and institutional crypto infrastructure.