Northern Trust has entered into an agreement with Digital Asset Holdings to support the development of custody capabilities for tokenised financial assets. As part of this agreement, Northern Trust will integrate with Canton Network’s infrastructure to develop and deploy applications that bridge digital and traditional markets, supporting institutional grade custody and asset servicing workflows for network participants.
The Canton Network is a public blockchain designed for regulated financial market participants, with a focus on privacy, compliance, and interoperability. The network is being used by financial institutions and market utilities to support tokenised assets and on-chain financial workflows within regulated environments.