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Cardano Native Tokens to Receive Institutional Custody Support on Fireblocks by March 2027
The Cardano Foundation has announced a significant integration with Fireblocks that will enable full institutional custody support for Cardano Native Tokens (CNTs) by March 2027. This development addresses a persistent challenge faced by institutions seeking to hold and transfer CNTs, which previously lacked native support within the industry's leading custody infrastructure.
Prior to this integration, institutions managing CNTs had to rely on cumbersome manual processes or workarounds, limiting their ability to securely custody, send, and receive these tokens. With the new support, institutions will be able to utilize the same security architecture and policy controls that are already in place for other digital assets on the Fireblocks platform, which secures approximately $16 trillion in digital asset transactions globally.
Frederik Gregaard, CEO of the Cardano Foundation, emphasized that this integration removes a key barrier to institutional interest in tokenized assets on the Cardano network. The integration will support tokens that adhere to the Cardano Token Registry (CIP-26) and the on-chain metadata standard (CIP-68), which define the framework for properly structured CNTs, including stablecoins and tokenized real-world assets.
This announcement follows a previous integration with Iagon in May 2026, which introduced staking and governance functionality for Cardano. The upcoming support for CNTs represents a crucial step in enhancing Cardano's institutional roadmap, providing a more robust infrastructure for compliance-conscious institutions to engage with Cardano's digital assets.
Source: KLEA News