Swiss crypto bank Amina became the first regulated bank to offer custody and trading services for Canton Coin on Canton Network.
Swiss crypto bank Amina has become the first regulated bank to offer custody and trading services for Canton Coin (CC), the token tied to the Canton Network. The bank made the announcement on May 6.
Canton Network is a public blockchain developed by Digital Asset and built specifically for capital markets and tokenized finance. Its backers include the DTCC, Goldman Sachs, Citadel, Visa, and BitGo.
Amina operates under the Swiss Financial Market Supervisory Authority (FINMA). Institutional clients will be able to hold and trade CC through Amina's regulated banking platform rather than through a crypto-native exchange or custodian. The bank said the arrangement is designed to support firms that use Canton for tokenization and settlement.
CC is priced at approximately $0.15, with a total market capitalization of $5.7 billion, according to CoinMarketCap data. The network targets use cases including tokenized assets, collateral management, repo markets, and settlement infrastructure.
Canton Network Expands Into Regulated Banking
The announcement extends Amina's track record in tokenized finance infrastructure. In March 2026, the Zug-based bank became the first regulated banking participant on 21X, a European Union-regulated blockchain securities platform operating under the bloc's Distributed Ledger Technology (DLT) pilot regime for tokenized securities markets.
Other institutions have separately expanded their CC exposure. In April 2026, BitGo extended its CC services from custody to include trading and on-chain settlement. S&P Dow Jones Indices also brought its US Treasury Index benchmark onto the Canton Network, giving institutions access to fixed-income benchmark data through tokenized infrastructure.
Canton is competing with other enterprise blockchain networks targeting institutional finance. R3's Corda was designed for banks and regulated markets with an emphasis on privacy and permissioned transactions. Hyperledger Fabric has also seen adoption among financial institutions and large corporations.
Bitcoin Faces Quantum Threat as Early as 2030, Report Warns
Quantum security startup Project Eleven published a report on May 6 warning that Q-Day, the point at which quantum computers could break modern encryption, may arrive as early as 2030. The firm said a cryptographically relevant breakthrough is more likely than not by 2033, with estimates ranging a few years in either direction.
Project Eleven said quantum progress is unlikely to unfold gradually. It described the expected trajectory as compounding advances in hardware and algorithms that could produce a sudden jump in capability, characterized as "nothing, and then all at once."
Recent experimental results offer partial support for that assessment. A researcher used quantum hardware in April 2026 to derive a 15-bit elliptic curve key. That figure remains well below the 256-bit encryption standard currently protecting Bitcoin (BTC) and other cryptocurrencies, but the test demonstrated measurable real-world progress.
Project Eleven estimated that roughly 6.9 million BTC, valued at more than $560 billion, could be exposed to quantum risk under certain conditions. Exposure applies primarily to coins held in older address formats that reveal public keys on-chain.
