Transak integrates with Canton Network, bringing fiat onramps to institutional-grade blockchain supporting $8T+ in tokenized real-world assets

Transak, a regulated fiat-to-crypto payments infrastructure provider, has integrated with the Canton Network to provide direct fiat onramps to Canton Coin (CC), the network’s native utility token. Through this integration, institutions and end users can purchase Canton Coin via Transak-powered wallets and applications using cards, bank transfers, and other local payment methods, creating a straightforward bridge from traditional finance into Canton’s institutional blockchain ecosystem. The Canton Network is described as a privacy-preserving, public and permissionless blockchain architecture designed for institutional finance, and is reported to support more than $8 trillion in tokenized real‑world assets (RWAs) through live use by major financial institutions. The move is positioned as infrastructure for institutional-grade on-chain finance, addressing one of the main frictions for banks, asset managers, and enterprises: compliant, user-friendly fiat access to network tokens and applications. Canton Coin is used to pay transaction fees on the network, so enabling direct purchase via Transak simplifies participation for both financial institutions building on Canton and for fintechs, wallets, and other apps that want to embed Canton access into their products. Transak itself already provides compliant KYC/AML, risk monitoring, and multi-country payment coverage, which makes the integration relevant for regulated institutions looking to interact with tokenized assets and on-chain workflows without building their own fiat rails. More broadly, the partnership underscores the growing convergence of traditional financial infrastructure with Web3 rails, using enterprise-focused networks like Canton as a venue for large-scale tokenization of securities and other RWAs.

✨ AI-generated background, compiled from web sources — not editorial content.

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Explore the topic

• Real World Assets
• Institutional Adoption
• Blockchain
• Canton Network