diff --git a/modules/sdk-coin-canton/src/canton.ts b/modules/sdk-coin-canton/src/canton.ts
index 54407f6ba0..7a48babed2 100644
--- a/modules/sdk-coin-canton/src/canton.ts
+++ b/modules/sdk-coin-canton/src/canton.ts
@@ -11,12 +11,15 @@ import {
   SignedTransaction,
   SignTransactionOptions,
   TransactionType,
-  TssVerifyAddressOptions,
   VerifyTransactionOptions,
   TransactionExplanation as BaseTransactionExplanation,
   BaseTransaction,
   PopulatedIntent,
   PrebuildTransactionWithIntentOptions,
+  TssVerifyAddressOptions,
+  InvalidAddressError,
+  extractCommonKeychain,
+  EDDSAMethods,
 } from '@bitgo/sdk-core';
 import { auditEddsaPrivateKey } from '@bitgo/sdk-lib-mpc';
 import { BaseCoin as StaticsBaseCoin, coins } from '@bitgo/statics';
@@ -115,8 +118,25 @@ export class Canton extends BaseCoin {
   }
 
   /** @inheritDoc */
-  isWalletAddress(params: TssVerifyAddressOptions): Promise<boolean> {
-    throw new Error('Method not implemented.');
+  async isWalletAddress(params: TssVerifyAddressOptions): Promise<boolean> {
+    // TODO: refactor this and use the `verifyEddsaMemoBasedWalletAddress` once published from sdk-core
+    // https://bitgoinc.atlassian.net/browse/COIN-6347
+    const { keychains, address: newAddress, index } = params;
+    const [addressPart, memoId] = newAddress.split('?memoId=');
+    if (!this.isValidAddress(addressPart)) {
+      throw new InvalidAddressError(`invalid address: ${newAddress}`);
+    }
+    if (memoId && memoId !== index) {
+      throw new InvalidAddressError(`invalid memoId index: ${memoId}`);
+    }
+    const commonKeychain = extractCommonKeychain(keychains);
+    const MPC = await EDDSAMethods.getInitializedMpcInstance();
+    const derivationPath = 'm/0';
+    const derivedPublicKey = MPC.deriveUnhardened(commonKeychain, derivationPath).slice(0, 64);
+    const publicKeyBase64 = Buffer.from(derivedPublicKey, 'hex').toString('base64');
+    const rootAddressFingerprint = utils.getAddressFromPublicKey(publicKeyBase64);
+    const rootAddress = `${rootAddressFingerprint.slice(0, 5)}::${rootAddressFingerprint}`;
+    return addressPart === rootAddress;
   }
 
   /** @inheritDoc */
@@ -163,6 +183,11 @@ export class Canton extends BaseCoin {
     return utils.isValidAddress(address);
   }
 
+  getAddressFromPublicKey(publicKeyHex: string): string {
+    const publicKeyBase64 = Buffer.from(publicKeyHex, 'hex').toString('base64');
+    return utils.getAddressFromPublicKey(publicKeyBase64);
+  }
+
   /** @inheritDoc */
   signTransaction(params: SignTransactionOptions): Promise<SignedTransaction> {
     throw new Error('Method not implemented.');
diff --git a/modules/sdk-coin-canton/test/integration/canton.integration.ts b/modules/sdk-coin-canton/test/integration/canton.integration.ts
index c6e775060b..6293b04f5c 100644
--- a/modules/sdk-coin-canton/test/integration/canton.integration.ts
+++ b/modules/sdk-coin-canton/test/integration/canton.integration.ts
@@ -1,16 +1,28 @@
 import assert from 'assert';
 
+import { BitGoAPI } from '@bitgo/sdk-api';
 import { TransactionType } from '@bitgo/sdk-core';
+import { TestBitGo, TestBitGoAPI } from '@bitgo/sdk-test';
 
 import { getCantonBuilderFactory } from '../helper';
 import {
+  CANTON_RECEIVE_ADDRESS,
   GenerateTopologyResponse,
   TransferAcceptRawTransaction,
   TransferRejectRawTransaction,
   WalletInitRawTransaction,
 } from '../resources';
+import { Tcanton } from '../../src';
 
 describe('Canton integration tests', function () {
+  let bitgo: TestBitGoAPI;
+  let basecoin: Tcanton;
+  before(() => {
+    bitgo = TestBitGo.decorate(BitGoAPI, { env: 'mock' });
+    bitgo.safeRegister('tcanton', Tcanton.createInstance);
+    basecoin = bitgo.coin('tcanton') as Tcanton;
+  });
+
   describe('Explain raw transaction', function () {
     const factory = getCantonBuilderFactory('tcanton');
     it('should explain raw wallet init transaction', function () {
@@ -41,4 +53,71 @@ describe('Canton integration tests', function () {
       assert.equal(explainTxData.inputAmount, '5.0000000000');
     });
   });
+
+  describe('isWalletAddress', function () {
+    let keychains;
+    let commonKeychain: string;
+    before(function () {
+      commonKeychain =
+        '19bdfe2a4b498a05511381235a8892d54267807c4a3f654e310b938b8b424ff4adedbe92f4c146de641c67508a961324c8504cdf8e0c0acbb68d6104ccccd781';
+      keychains = [
+        {
+          id: '6424c353eaf78d000766e95949868468',
+          source: 'user',
+          type: 'tss',
+          commonKeychain:
+            '19bdfe2a4b498a05511381235a8892d54267807c4a3f654e310b938b8b424ff4adedbe92f4c146de641c67508a961324c8504cdf8e0c0acbb68d6104ccccd781',
+          encryptedPrv:
+            '{"iv":"cZd5i7L4RxtwrALW2rK7UA==","v":1,"iter":10000,"ks":256,"ts":64,"mode":"ccm","adata":"","cipher":"aes","salt":"5zgoH1Bd3Fw=","ct":"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"}',
+        },
+        {
+          id: '6424c353eaf78d000766e96137d4404b',
+          source: 'backup',
+          type: 'tss',
+          commonKeychain:
+            '19bdfe2a4b498a05511381235a8892d54267807c4a3f654e310b938b8b424ff4adedbe92f4c146de641c67508a961324c8504cdf8e0c0acbb68d6104ccccd781',
+          encryptedPrv:
+            '{"iv":"vi0dPef/Rx7kG/pRySQi6Q==","v":1,"iter":10000,"ks":256,"ts":64,"mode":"ccm","adata":"","cipher":"aes","salt":"9efhQsiEvVs=","ct":"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"}',
+        },
+        {
+          id: '6424c353eaf78d000766e9510b125fba',
+          source: 'bitgo',
+          type: 'tss',
+          commonKeychain:
+            '19bdfe2a4b498a05511381235a8892d54267807c4a3f654e310b938b8b424ff4adedbe92f4c146de641c67508a961324c8504cdf8e0c0acbb68d6104ccccd781',
+          verifiedVssProof: true,
+          isBitGo: true,
+        },
+      ];
+    });
+    it('should return true when receive address is valid', async function () {
+      const address = CANTON_RECEIVE_ADDRESS.VALID_ADDRESS;
+      const index = '1';
+      const params = { commonKeychain, address: address, index, keychains };
+      const isValid = await basecoin.isWalletAddress(params);
+      isValid.should.equal(true);
+    });
+
+    it('should throw error when receive address is invalid', async function () {
+      const address = CANTON_RECEIVE_ADDRESS.INVALID_ADDRESS;
+      const index = '1';
+      const params = { commonKeychain, address: address, index, keychains };
+      try {
+        await basecoin.isWalletAddress(params);
+      } catch (e) {
+        assert.equal(e.message, 'invalid address: ' + address);
+      }
+    });
+
+    it('should throw error when receive address memoId is incorrect index', async function () {
+      const address = CANTON_RECEIVE_ADDRESS.VALID_ADDRESS;
+      const index = '2';
+      const params = { commonKeychain, address: address, index, keychains };
+      try {
+        await basecoin.isWalletAddress(params);
+      } catch (e) {
+        assert.equal(e.message, 'invalid memoId index: 1');
+      }
+    });
+  });
 });
diff --git a/modules/sdk-coin-canton/test/resources.ts b/modules/sdk-coin-canton/test/resources.ts
index 455b196792..ad38802111 100644
--- a/modules/sdk-coin-canton/test/resources.ts
+++ b/modules/sdk-coin-canton/test/resources.ts
@@ -41,7 +41,7 @@ export const WalletInitRequestData = {
 };
 
 export const OneStepEnablement = {
-  partyId: 'ravi-test-party-1::12205b4e3537a95126d90604592344d8ad3c3ddccda4f79901954280ee19c576714d',
+  partyId: 'ravi-test-party-1::1220a43d89dc7d8f85316116aac093667f769fce55411aef6846ccb933b2e1a3b598',
   commandId: '3935a06d-3b03-41be-99a5-95b2ecaabf7d',
 };
 
@@ -63,9 +63,9 @@ export const InvalidOneStepPreApprovalPrepareResponse = {
 };
 
 export const CANTON_ADDRESSES = {
-  VALID_ADDRESS: '12205::12205b4e3537a95126d90604592344d8ad3c3ddccda4f79901954280ee19c576714d',
+  VALID_ADDRESS: '1220a::1220a43d89dc7d8f85316116aac093667f769fce55411aef6846ccb933b2e1a3b598',
   // party hint is not 5 characters
-  INVALID_PARTY_HINT: '123456::12205b4e3537a95126d90604592344d8ad3c3ddccda4f79901954280ee19c576714d',
+  INVALID_PARTY_HINT: '123456::1220a43d89dc7d8f85316116aac093667f769fce55411aef6846ccb933b2e1a3b598',
   // fingerprint is not a valid hex value
   INVALID_FINGERPRINT: '12205::12205b4e3537a95126d9060459234gd8ad3c3ddccda4f79901954280ee19c576714d',
   MISSING_PARTY_HINT: '::12205b4e3537a95126d9060459234gd8ad3c3ddccda4f79901954280ee19c576714d',
@@ -78,6 +78,11 @@ export const CANTON_BLOCK_HEIGHT = {
   NEGATIVE_BLOCK_HASH: '-100',
 };
 
+export const CANTON_RECEIVE_ADDRESS = {
+  VALID_ADDRESS: `${CANTON_ADDRESSES.VALID_ADDRESS}?memoId=1`,
+  INVALID_ADDRESS: `${CANTON_ADDRESSES.INVALID_FINGERPRINT}?memoId=1`,
+};
+
 export const TransferAcceptance = {
   partyId: 'ravi-test-party-1::12205b4e3537a95126d90604592344d8ad3c3ddccda4f79901954280ee19c576714d',
   commandId: '3935a06d-3b03-41be-99a5-95b2ecaabf7d',