Integration sets benchmark for institutional recovery frameworks across the Canton Network.
Digital Asset, the creator of the Canton Network, today announced it has integrated CoinCover as a Trusted Third Party (TTP) within its Copper-based treasury infrastructure, reinforcing operational resilience and digital asset recoverability in line with institutional standards.
By embedding CoinCover’s recovery technology into its internal custody operations Digital Asset has implemented a secure and verifiable disaster recovery framework, ensuring treasury keys and digital assets can be recovered in the event of compromise, loss, and personnel change. The move aligns with the Canton Network’s foundational principles of distributed trust and regulated interoperability.
“As we continue to scale the Canton Network, it’s vital that our own treasury reflects the same principles of security, governance, and recoverability that we advocate for our ecosystem,” said Eric Saraniecki, Co-Founder and Head of Network Strategy, at Digital Asset. “By incorporating CoinCover as a trusted third party within our Copper treasury setup, we’re ensuring our treasury resilience aligns with the highest institutional standards.”
CoinCover, acting as an independent recovery authority, provides the third-party assurance increasingly expected by regulators and institutional stakeholders. The partnership highlights a practical implementation of best practices in operational risk management, demonstrating how secure infrastructure and recovery governance can coexist in a decentralised financial framework.
“Digital Asset’s adoption of CoinCover’s recovery framework is a powerful validation of the importance of operational resilience in institutional digital asset management,” said Anthony Yeung, CCO at CoinCover. “This sets a precedent for institutions operating on the Canton Network and beyond to integrate recovery by design into their digital asset strategies.”
Amar Kuchinad, Copper CEO said “By working with CoinCover and Digital Asset, we’re strengthening the ecosystem for institutions, ensuring secure, innovative treasury operations that meet the highest standards for safeguarding digital assets.”
The integration further strengthens CoinCover’s partnerships across key digital asset infrastructure players, including Copper and Digital Asset, reinforcing its position as the go-to recovery solution in regulated digital finance.
CoinCover is a leading provider of digital asset protection, ensuring institutions and investors can operate securely without risk of loss. Founded in 2018, CoinCover pioneered the digital asset disaster recovery category and continues to set the industry standard. Today, it safeguards the assets and customers of over 550 of the most prominent names in the digital asset ecosystem, partnering with companies such as Copper, Fireblocks and Ledger, and providing end-to-end security against operational failure and accidental loss.
Since being founded in 2018, Copper.co ("Copper") has been building the standard for institutional digital asset infrastructure with a focus on custody and collateral management. Underpinned by multi-award-winning technology, Copper has built a comprehensive and secure suite of products and services required to safely custody and trade digital assets. At the core of Copper’s infrastructure is ClearLoop, which enables clients to manage collateral and settle trades in near real-time across multiple exchanges while mitigating counterparty risk and increasing capital efficiency.
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The Canton Network is the only public, permissionless blockchain purpose-built for institutional finance–uniquely combining privacy, compliance, and scalability. Governed by the Canton Foundation with participation from leading global financial institutions, Canton enables real-time, secure synchronization and settlement across multiple asset classes on a shared, interoperable infrastructure. The open-sourced network is powered by its native token, Canton Coin, and supports decentralized governance and collaborative application development. It’s the proven link between the promise of blockchain and the power of global finance, making finance flow the way it should. Learn more at: canton.network.