Key Takeaways
- • Ripple Custody has added support for Canton Coin (CC) and CIP-56 tokens as of version 1.43, announced October 5, 2026, enabling banks, funds and depositaries to hold and transfer Canton assets alongside other digital assets.
- • The integration uses a bring-your-own-validator model: the institution or its provider runs the validator, while Ripple Custody manages accounts through it, so signing keys remain in the client's vault.
- • Version 1.43 does not yet include delivery-versus-payment (DvP) settlement, which the article identifies as the key requirement for securities trading.
- • CC traded at $0.1254 with a market capitalisation of $4.99 billion (rank 24), roughly 1% above its October 4 level and 35% below its February 3, 2026 all-time high of $0.1942.
- • Liquidity is thin: 16.7 million dollars of daily turnover across 18 venues, with only Kraken cited as holding a MiCA licence accessible to European investors.
Summary
Ripple has begun holding assets from the Canton Network through its institutional custody product, Ripple Custody, as of October 5, 2026. Version 1.43 extends support to Canton Coin (CC, also known as Amulet) and tokens built to the CIP-56 standard, which the article describes as comparable to ERC-20 on Ethereum. The release was reported by Crypto Briefing on October 7, and TokenPost announced the same release the same day, adding detail on the technical integration and noting a second build-out stage of the ledger as a prerequisite for the rollout.
Ripple Custody is aimed at banks, funds and depositaries rather than individual investors, so the route for retail buyers is unchanged. According to CoinGecko data cited in the article, CC traded at $0.1254 on the Sunday evening, up 5.73% over one day and down 2.55% over the week, with a market capitalisation of $4.99 billion. The price was $0.1242 on October 4, rose to $0.1294 on October 5, and fell to $0.1188 on October 9. The article characterises the market response as muted and short-lived.
The Canton Network is a permissioned blockchain for financial institutions in which application data is visible only to transaction parties. Ripple does not run network nodes itself; under the bring-your-own-validator model, the institution or its service provider operates the validator. Signing keys remain in the client's vault and can be secured via a hardware security module or key management service, with prepared transactions carrying a 24-hour signing window, according to Crypto Briefing.
The integration has stated limits. Canton is accessed exclusively through Ripple Custody's programming interface, arbitrary commands and custom contract deployment are not supported, and delivery-versus-payment settlement is absent. Version 1.43 does include pre-approval of incoming transfers and two-step handovers, which the article notes addresses unsolicited-token and compliance risks.
On trading access, CoinGecko lists 26 trading pairs across 18 venues, with daily turnover led by Bybit (5.60 million dollars), Temple Digital Group (4.68 million), OKX (1.73 million), Kraken (1.47 million) and Upbit (1.16 million). Kraken is identified as the only listed venue with a MiCA licence, issued by the Central Bank of Ireland. The article notes Coinbase, Bitpanda and Bitvavo do not list CC. For German investors, gains on CC are taxed under Section 23 of the Income Tax Act if sold within one year, with a 1,000-euro annual exemption threshold.
The article's overall assessment is that the custody development benefits the Canton network more than the token in the near term, given thin liquidity and the missing DvP capability.
Ripple Custody is aimed at banks, funds and depositaries rather than individual investors, so the route for retail buyers is unchanged. According to CoinGecko data cited in the article, CC traded at $0.1254 on the Sunday evening, up 5.73% over one day and down 2.55% over the week, with a market capitalisation of $4.99 billion. The price was $0.1242 on October 4, rose to $0.1294 on October 5, and fell to $0.1188 on October 9. The article characterises the market response as muted and short-lived.
The Canton Network is a permissioned blockchain for financial institutions in which application data is visible only to transaction parties. Ripple does not run network nodes itself; under the bring-your-own-validator model, the institution or its service provider operates the validator. Signing keys remain in the client's vault and can be secured via a hardware security module or key management service, with prepared transactions carrying a 24-hour signing window, according to Crypto Briefing.
The integration has stated limits. Canton is accessed exclusively through Ripple Custody's programming interface, arbitrary commands and custom contract deployment are not supported, and delivery-versus-payment settlement is absent. Version 1.43 does include pre-approval of incoming transfers and two-step handovers, which the article notes addresses unsolicited-token and compliance risks.
On trading access, CoinGecko lists 26 trading pairs across 18 venues, with daily turnover led by Bybit (5.60 million dollars), Temple Digital Group (4.68 million), OKX (1.73 million), Kraken (1.47 million) and Upbit (1.16 million). Kraken is identified as the only listed venue with a MiCA licence, issued by the Central Bank of Ireland. The article notes Coinbase, Bitpanda and Bitvavo do not list CC. For German investors, gains on CC are taxed under Section 23 of the Income Tax Act if sold within one year, with a 1,000-euro annual exemption threshold.
The article's overall assessment is that the custody development benefits the Canton network more than the token in the near term, given thin liquidity and the missing DvP capability.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.