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Ripple Custody Completes Canton Network Integration as DTCC Prepares Tokenization Launch

Ripple Custody Completes Canton Network Integration as DTCC Prepares Tokenization Launch
Summary
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    Ripple Custody completed integration with Canton Network, enabling custody support for Canton Coin and CIP-56 tokens.

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    Institutional clients can hold and transfer Canton Network tokens within Ripple Custody without additional intermediaries, with each institution running its own node.

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    DTCC is scheduled to launch its Tokenization Service this month, using Canton Network and Hyperledger Besu as primary blockchain networks.

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    DTCC processed its first live production trades on July 15, with over 100 firms including Goldman Sachs, BNP Paribas, and BNY Mellon participating in its Industry Working Group.

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    Analysts and community members noted the timing alignment between Ripple Custody's Canton integration and DTCC's tokenization rollout, with some expressing optimism around XRP.

Article

Ripple Custody integrates Canton Network as DTCC prepares tokenization launch | Bitget News

Ripple Custody integrates Canton Network as DTCC prepares tokenization launch

Ripple Custody integrates Canton Network as DTCC prepares tokenization launch

Two major developments in the institutional digital asset space are intersecting this month. Canton Network has officially completed its integration with Ripple Custody, connecting Ripple’s institutional-grade storage platform directly to one of the most significant permissioned blockchain networks for finance.

Ripple Custody’s Canton Integration DTCC Tokenization Service Launch XRP’s Position in the Institutional Landscape Reactions and Community Sentiment

Through the new upgrade, Ripple Custody now enables direct support for both Canton Coin and CIP-56 tokens. This functionality allows institutional clients to hold and transfer Canton Network tokens within a single custody platform, with no need for additional intermediaries or service providers. Each participating institution maintains its own node, ensuring a decentralized and compliant operational model.

Furthermore, existing policy controls automatically apply to all Canton-based digital asset transactions carried out by institutions using Ripple Custody. Previously siloed assets can now be managed alongside traditional holdings within one consolidated custody solution.

This integration arrives as institutional demand for tokenized assets continues to increase, streamlining asset management across both traditional and blockchain-based instruments.

Mini dictionary: Canton Network is a privacy-enabled blockchain designed for institutional digital assets. The platform enables banks and financial institutions to tokenize and settle assets securely, catering to regulatory requirements and compliance.

The Depository Trust & Clearing Corporation (DTCC), a leading infrastructure provider for U.S. capital markets, is scheduled to launch its Tokenization Service this month. This new service will grant institutional investors access to tokenized representations of DTC-custodied securities—including Russell 1000 equities, leading exchange-traded funds, and U.S. Treasuries. According to DTCC, both Canton Network and Hyperledger Besu will serve as the primary blockchain networks underpinning this initiative.

On July 15, DTCC processed its first live production trades using the new platform, validating the infrastructure ahead of its official rollout. Over 100 firms, including major banks like Goldman Sachs, BNP Paribas, and BNY Mellon, are participating in DTCC’s Industry Working Group to shape the development and adoption of tokenized securities.

Canton Network Settlement and privacy layer for tokenized assets Hyperledger Besu Blockchain network option supporting the pilot XRP’s Position in the Institutional Landscape

Within Ripple’s architecture, XRP functions as a bridge asset, enabling the transfer of value between diverse currencies and platforms. Canton Network, meanwhile, provides the confidential settlement infrastructure required for institutional asset records. Rather than operating in competition, these systems now serve complementary roles within a unified digital asset ecosystem.

With Ripple Custody’s integration of Canton, institutional clients gain streamlined access to the same network infrastructure being adopted by DTCC for its tokenization initiative. Analysts suggest this move places Ripple at the heart of large-scale real-world asset settlement and could bolster XRP’s visibility in global institutional finance.

Ripple’s integration with Canton Network gives its institutional users access to tokenized securities infrastructure, potentially positioning XRP to play a central role in large-scale digital asset settlements.

Chad Steingraber, a cryptocurrency analyst, immediately drew attention to the timing of these two integrations, remarking on social media that their alignment appeared far from coincidental. Other observers suggested that this apparent coordination may have been pre-planned years in advance.

Community members have responded with optimism regarding the potential market impact, with some pointing to recent price movements in XRP as evidence of renewed confidence. While some analysts anticipate bullish momentum, others advise a longer-term perspective for asset holders, highlighting the strategic significance rather than short-term volatility.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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