Cardano Native Tokens Coming to Fireblocks Institutional Custody Platform
Cardano Foundation and Fireblocks have partnered to bring Cardano Native Tokens (CNTs) onto Fireblocks' institutional custody platform. The integration will support CNTs alongside ADA, allowing thousands of banks, exchanges, payment firms, and fintechs to custody, send, and receive them with the same security and policy controls as other digital assets.
The move is expected to simplify the process for issuers of stablecoins and tokenized real-world assets on Cardano. Previously, these assets required manual custodian onboarding, which has been a practical barrier to their adoption.
Cardano Foundation CEO Frederik Gregaard framed the partnership as an infrastructure play, saying that institutions rarely adopt new assets on their own but rather through trusted infrastructure.