Switzerland's Amina becomes first regulated bank to custody Canton Coin
Switzerland's Amina Bank, regulated by FINMA, now offers custody and trading for Canton Coin, becoming the first regulated bank supporting the institutional-focused Canton Network blockchain. Backed by Goldman Sachs, Visa, and BitGo, this move enables traditional financial institutions to access tokenized finance infrastructure through regulated banking platforms rather than crypto exchanges, strengthening institutional adoption of blockchain-based settlement and asset tokenization.
Key takeaways
- 1Amina Bank, FINMA-regulated, becomes first regulated bank offering custody and trading for Canton Coin on Canton Network blockchain.
- 2Canton Coin trades at $0.15 with $5.7 billion market cap, backed by Goldman Sachs, Visa, BitGo, and DTCC.
- 3Institutional clients can access tokenized finance through regulated banking platforms instead of crypto exchanges, strengthening institutional blockchain adoption.
Why it matters
This development signals traditional financial institutions moving tokenized asset settlement and custody to regulated banking channels rather than crypto-native platforms, potentially reducing regulatory friction for Indian institutional investors exploring blockchain-based capital markets infrastructure in the future.
Explore how RWA is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
Bittrex Wants Its $24 Million Settlement Back, Now That the SEC Is Pro-Crypto
Bittrex seeks to overturn its $24 million SEC settlement, betting on the regulatory environment shift under the new administration. The exchange argues the enforcement action was unjust given changing political winds favoring crypto. The case signals growing tension between crypto platforms and regulators, with settlement reversal attempts potentially reshaping enforcement precedent and market confidence in regulatory clarity for Indian investors monitoring US regulatory trends.
Crypto-backed Republican candidate wins Indiana congressional primary
Representative James Baird won the Republican primary for Indiana's 4th district on Tuesday after receiving an endorsement from Donald Trump and supportive spending from a crypto-backed PAC....