Ripple Added Canton Network Support to Custody Platform

The latest software update allows institutional clients to manage digital assets directly on the Canton Network.

Updated on Oct. 7, 2026 in Financial Services

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Ripple launched version 1.43 of its custody platform, marking a key expansion with full integration into the institutional Canton Network. AI Illustration. Upload story photo >

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Ripple has released version 1.43 of its custody platform, introducing full integration with the Canton Network. This update enables institutional users to securely manage Canton Coin and CIP-56 tokens.

Why it matters

The integration aims to retain banking clients within the Ripple ecosystem and solidify the company’s role as a primary infrastructure partner for major Wall Street financial institutions.

Ripple Custody version 1.43 includes advanced controls for isolated key storage and two-step transfers. The platform now supports CIP-56 token standards, which allow for delivery-versus-payment settlements without the need for cross-chain bridges.

The players

Ripple

Ripple is a financial technology company known for developing payment and custody infrastructure for global banking systems.

Canton Network

The Canton Network is a blockchain-enabled infrastructure designed by Digital Asset to facilitate secure institutional financial transactions.

Digital Asset

Digital Asset is the developer of the Canton Network and a provider of smart contract-based financial technology solutions.

Goldman Sachs

Goldman Sachs is a leading global investment bank that utilizes the Canton Network for digital asset operations.

BNY Mellon

BNY Mellon is a prominent investment banking services company that uses the Canton Network to facilitate institutional financial operations.

The details

The update provides institutional clients with a control panel designed for isolated key storage, pre-approval workflows, and secure two-step transfers. By leveraging the Canton Network’s protocol-level data isolation, participants ensure that sensitive transaction data remains private and visible only to relevant parties.

Timeline

  1. Ripple released the 1.43 custody update on October 7, 2026.

  2. Media speculation in late 2025 previously identified the Canton Network as a potential competitor to XRP.

Market Landscape

This integration signals a move toward interoperability in the tokenization market, where providers are increasingly building bridges to established institutional ledgers. By aligning with the CIP-56 standard, Ripple positions itself as a key gateway for Wall Street firms currently migrating to the Canton Network.

Institutional clients can now execute repo transactions and Treasury tokenization with greater security and reduced reliance on cross-chain bridges. These infrastructure improvements ultimately aim to lower settlement risks and operational costs for large-scale financial banking services.

The takeaway

This update underscores a broader trend of crypto infrastructure providers pivoting to serve the specific privacy and security needs of legacy financial institutions. Businesses looking to leverage blockchain should focus on platforms that offer robust data isolation and standard-compliant settlement workflows.

Further reading

For more on the evolving infrastructure of institutional finance, visit Financial Services.

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