Further enters into a Memorandum of Understanding with Canton Network
18 December 2025 UAE
Image: frankpeters/stock.adobe.com
Further Asset Management has announced that it has entered into a Memorandum of Understanding with Canton Network to advance blockchain infrastructure in the Middle East.
Under the agreement, Further will join the Canton Validator Network and will explore the establishment of a Canton Super Validator in the UAE, and according to the firm, it will leverage the technical, operational, and regulatory capabilities of its digital-asset portfolio.
Further’s participation extends beyond node operations.
Several of the firm’s portfolio companies already build on, integrate with, or support Canton-based applications including custody providers, tokenisation platforms, payments infrastructure, and trading venues.
As part of its proposed Super Validator role, Further will mobilise this ecosystem to help accelerate institutional adoption, transaction volume, and production-grade use cases across the Middle East.
Faisal Al Hammadi, managing partner at Further Asset Management, says: “As global markets move toward compliant, real-time settlement, the Gulf is uniquely positioned to anchor the next generation of global financial infrastructure.
“Joining Canton’s validator network is a natural extension of our work building regulated rails for institutional capital. We see Canton as a foundational layer for synchronised, cross-border financial markets and we see Abu Dhabi as a leading jurisdiction where these capabilities can scale.”
Yuval Rooz, co-founder and CEO of Digital Asset Holdings, adds: “We are seeing real momentum as institutions move assets to production on Canton. Further is a great partner connecting the UAE’s institutional ecosystem to this infrastructure.
“By operating a validator in Abu Dhabi and working toward a broader super-validator role, Further is helping make Canton the natural home for next-generation markets in the region.”
Under the agreement, Further will join the Canton Validator Network and will explore the establishment of a Canton Super Validator in the UAE, and according to the firm, it will leverage the technical, operational, and regulatory capabilities of its digital-asset portfolio.
Further’s participation extends beyond node operations.
Several of the firm’s portfolio companies already build on, integrate with, or support Canton-based applications including custody providers, tokenisation platforms, payments infrastructure, and trading venues.
As part of its proposed Super Validator role, Further will mobilise this ecosystem to help accelerate institutional adoption, transaction volume, and production-grade use cases across the Middle East.
Faisal Al Hammadi, managing partner at Further Asset Management, says: “As global markets move toward compliant, real-time settlement, the Gulf is uniquely positioned to anchor the next generation of global financial infrastructure.
“Joining Canton’s validator network is a natural extension of our work building regulated rails for institutional capital. We see Canton as a foundational layer for synchronised, cross-border financial markets and we see Abu Dhabi as a leading jurisdiction where these capabilities can scale.”
Yuval Rooz, co-founder and CEO of Digital Asset Holdings, adds: “We are seeing real momentum as institutions move assets to production on Canton. Further is a great partner connecting the UAE’s institutional ecosystem to this infrastructure.
“By operating a validator in Abu Dhabi and working toward a broader super-validator role, Further is helping make Canton the natural home for next-generation markets in the region.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
