Metaco on Canton Network
Metaco, acquired by Ripple, provides digital asset infrastructure software for banks and financial institutions. Metaco's Harmonize platform enables banks to build and manage digital asset custody, trading, and tokenization services within their existing infrastructure. Major global banks use Metaco's technology to offer digital asset services while maintaining regulatory compliance. Metaco's bank-focused approach to digital asset infrastructure aligns with Canton-style institutional frameworks where regulated financial institutions require enterprise-grade custody and lifecycle management.
Metaco's Role in the Canton Ecosystem
As a Digital Asset Infrastructure for Banks in the Custodian category, Metaco contributes to the Canton Network's growing ecosystem of 119+ institutional participants. Metaco provides essential custodian services that support Canton's institutional DeFi infrastructure.
About the Canton Network
The Canton Network is a privacy-enabled blockchain designed for institutional finance. With a market capitalization of approximately $5.47 billion, 976 active validators, and over 642,000 daily transactions, Canton has established itself as the leading blockchain for regulated financial markets.
Canton's unique architecture — built on Digital Asset's Daml smart contract language — provides sub-transaction privacy, deterministic finality, and cross-domain composability. This allows institutions like Metaco to transact on shared infrastructure while maintaining data privacy and regulatory compliance.