Ripple has added support for Canton Network, the Layer 1 blockchain built for regulated financial markets, to its institutional custody platform. The capability ships with Ripple Custody version 1.43, which brings Canton Coin (CC) and assets built on the network's CIP-56 token standard into the same vault environment used for other digital assets. The update also introduces validator connectivity, transfer pre-approvals, and two-step transfers, features aimed at institutional operational and compliance workflows.

With the change, banks and asset managers can custody and transfer Canton assets under the same policy controls and audit trail they apply to other supported assets, including cryptocurrencies.

The integration was publicly confirmed by Canton Network, which announced it on X on October 7, 2026:

Ripple Custody is now integrated to Canton.

— Canton Network (@CantonNetwork) October 7, 2026

Canton Support Lands in Ripple Custody 1.43

The version 1.43 release adds support for the CIP-56 token standard, extending coverage to Canton Coin (CC) and assets that utilize the standard. Canton Coin serves as the native token of the Canton Network, which hosts a range of financial applications spanning tokenization, settlement, and repo markets. In practical terms, coverage is defined at the standard level: assets built to CIP-56 fall inside the same vault environment as the native coin.

Canton was developed by Digital Asset and launched with a consortium of major financial institutions and technology firms, and the network's emphasis on regulated markets sits well alongside Ripple's enterprise-grade digital asset infrastructure. For institutions seeking exposure to tokenized assets, the integration removes the need to onboard an additional custody provider or stand up a separate operations stack. In institutional settings, custody coverage and compliant transfer workflows are the practical requirements for putting a network to use — the two areas this release addresses for Canton.

Validator Control Stays With Institutions

Institutions adopting the integration are not required to place validator operations with Ripple. The platform instead connects to a validator operated by the institution itself or by a node provider of its choosing, while signing keys remain stored within the custody vault. In practice, the vault handles key security, while the institution's chosen validator handles its network participation.

This architecture gives institutions greater control over their participation in the network without overriding their existing security and approval mechanisms.

Transfer Controls Built Around Institutional Workflows

The upgrade also introduces features that allow multiple approvals to be required within a single transaction. Assets can be directed to Canton accounts via transfer pre-approval, meaning signatures are not needed on every transaction to an account one by one. The approach may prove beneficial for cold-storage facilities and for organizations with longer internal approval processes.

Ripple Custody also facilitates two-step transfers, which enable institutions to accept or decline incoming transfer offers and to revoke outgoing offers before they are accepted by the receiving party. Unlike a simple send-and-receive model, these controls give users more flexibility — particularly regulated institutions operating under set transaction compliance policies.

Part of a Broader Multichain Custody Strategy

Canton support is available via Ripple Custody's hybrid SaaS deployment model, including the option of on-premises deployment. For now, institutions will continue to manage Canton functionality through the API; the update adds new capability without altering existing custody operations. Whether and how institutions begin moving Canton Coin and CIP-56 assets under these controls will be the next observable signal for the integration.

The integration is the latest example of Ripple extending its institutional custody stack beyond the retail cryptocurrency trading that remains the mainstay of its business. Rather than pointing to Canton as an alternative blockchain, Ripple is embedding it directly into the platform, providing yet another network that financial organizations can control within a single custody setting.

Source: Crypto Ninjas