Fireblocks to Deliver Full Institutional Custody Support for Cardano Native Tokens
Cardano's institutional adoption is getting a significant boost as Fireblocks announces its plan to provide full native support for Cardano Native Tokens by March 2027. This integration will enable institutions to custody, send, and receive CNTs using the same policy controls and security architecture already applied to other digital assets on the platform.
The announcement comes after a May 2026 integration with Iagon added staking and governance functionality for Cardano via an SDK, giving institutions a partial on-ramp. However, this new deal addresses the core custody and transfer layer that underpins everything else.
Frederik Gregaard, CEO of the Cardano Foundation, emphasized that the integration removes a key barrier to institutional demand for tokenized assets on Cardano. The Fireblocks platform secures roughly $16 trillion in digital asset transactions and is used by thousands of banks, fintechs, and asset managers worldwide.
The integration covers tokens that conform to two specific Cardano standards: CIP-26, the Cardano Token Registry, and CIP-68, the on-chain metadata standard. This means institutions will get access to Fireblocks' multi-party computation architecture, which splits private key control across multiple parties so that no single point of compromise can drain a wallet.