BitGo now supports custody for Canton Coin (CC), the native token of the Canton Network, the only public blockchain with institutional-grade privacy. Institutions can now securely hold and manage CC within BitGo’s qualified custody infrastructure, gaining compliant access to one of the fastest-growing ecosystems for tokenized assets and stablecoin settlements.
The Canton Network connects traditional and digital markets through a privacy-first architecture that enables 24/7 settlement, collateral mobility, and institutional control. With trillions in tokenized assets issued or processed across the network, Canton is quickly becoming the destination where global finance and onchain innovation converge.
BitGo Support Expands Across the Canton Network
BitGo is expanding infrastructure to support the full range of assets and activity on the Canton Network. Available and anticipated capabilities include:
-
Custody and self-custody deposits (available now)
-
Withdrawals
-
Token standard integration (available now)
-
Stablecoin support
-
Go Network compatibility
-
Trading and liquidity access
With BitGo, institutions can participate across Canton with the same security and compliance trusted by the world’s leading financial firms.
“BitGo’s support of the Canton Network will bring qualified custody solutions to our network participants,” said Melvis Langyintuo, Executive Director of the Canton Foundation. “This represents a significant step towards institutional adoption of CC and support for the broader Canton ecosystem.”
Qualified Custody for CC
As the first U.S.-based qualified custodian for CC, BitGo enables institutions to hold and operate within the Canton ecosystem legally and securely. Every client benefits from:
-
Qualified Custody: Regulated, cold-storage custody solutions designed to meet the highest institutional standards.
-
Institutional Insurance Protection: Safeguard large holdings with $250 million in insurance coverage and multi-signature protection for added assurance.
-
Self-Custody Hot Wallets: Onchain flexibility with full control and enterprise-grade security.
-
White-Glove Service: Personalized onboarding and dedicated client support.
-
Compliance and Transparency: SOC 2 Type 2-certified systems and audit-ready reporting.
“BitGo is committed to supporting the institutional adoption of digital asset networks and providing meaningful utility enabled by Canton,” said Chen Fang, Chief Revenue Officer of BitGo. “This underscores our dedication to providing institutional-grade security and services for emerging ecosystems.”
Getting Started
Current BitGo clients can custody CC today by contacting their CSM. New clients can reach out at sales@bitgo.com to learn more about secure, institutional access to the Canton Network.
Frequently Asked Questions
What is the Canton Network?
The Canton Network is a privacy-enabled public blockchain purpose-built for regulated finance. It allows financial institutions to connect tokenized assets, collateral, and payments across interoperable applications with the privacy and control required for global financial markets. Trillions in tokenized assets are already issued or processed on Canton, spanning bonds, money markets, loan commitments, and insurance.
What is Canton Coin?
Canton Coin is the native token of the Canton Network. It powers network activity such as transaction fees, bandwidth management, and participation incentives. Institutions use Canton Coin to access and synchronize applications, fund settlements, and interact with utilities and services across the ecosystem, including tokenized assets, stablecoins, and financial applications.
Why does Canton Coin matter to institutions?
Canton Coin enables secure, compliant participation in onchain financial markets built for institutional use. It represents access to a regulated ecosystem where banks, asset managers, custodians, and market infrastructure providers can operate seamlessly with privacy, composability, and control.
What makes the Canton Network unique?
Canton is the only Layer 1 blockchain that combines:
-
Privacy: Only relevant stakeholders see and validate their parts of a transaction, even across multiple applications.
-
Interoperability: Atomic smart contract calls allow assets to move and settle across independent applications in one operation.
-
Control: Institutions maintain operational control rather than relying on shared validators, reducing counterparty and data risks. This design bridges traditional and digital finance, allowing compliant capital markets to operate onchain.
How is BitGo involved?
BitGo is the first U.S.-based qualified custodian to offer qualified custody for Canton Coin. Institutions can now hold and manage Canton Coin legally and compliantly within BitGo’s regulated framework. BitGo’s infrastructure provides custody, self-custody, insurance, and compliance tooling to help institutions safely engage with the Canton ecosystem.
What capabilities are available now?
Institutions can already:
-
Custody Canton Coin: Safeguard assets in BitGo’s qualified, cold-storage custody.
-
Self-Custody Deposits: Use hot wallets for onchain management and settlement.
-
Insurance Coverage: Protect large holdings with $250 million in insurance and multi-signature security.
-
Regulated Access: Hold Canton Coin legally and compliantly under a qualified custodian structure.
-
Token Standard Integration: Compatibility with the Canton tokenization framework for assets.
What new capabilities are coming soon?
BitGo is expanding its integration with the Canton Network to support:
-
Withdrawals: Seamless transfers between custody and onchain wallets.
-
Stablecoin Support: Custody and movement of privacy-enabled stablecoins like USYC and Brale SBC on Canton.
-
Go Network Compatibility: Native interoperability with BitGo’s Go Network for multi-asset treasury operations.
-
Trading and Liquidity Access: Institutional trading and OTC functionality for Canton Coin and related assets.
These enhancements will enable end-to-end onchain workflows, from custody to liquidity, within a unified BitGo platform.
How does insurance work for Canton Coin holdings?
All Canton Coin assets in qualified custody with BitGo are covered by up to $250 million in insurance against theft or loss, backed by a leading insurance syndicate. Combined with BitGo’s multi-signature wallet architecture, this ensures institutional-grade protection and risk mitigation.
Can institutions use Canton Coin for stablecoin and tokenized asset transactions?
Yes. The Canton Network supports tokenized assets, collateralized lending, and stablecoin-based settlements across its ecosystem. Canton Coin acts as the utility and bandwidth token that facilitates these activities while maintaining privacy and compliance. BitGo’s anticipated support for stablecoins and token standards will further expand how institutions use Canton Coin within these workflows.
Who is already using the Canton Network?
Canton is trusted by major financial institutions and ecosystem partners, including banks, custodians, tokenization providers, and digital asset firms. Applications already live on Canton include tokenized cash equivalents (USYC), stablecoin issuers (Brale), and infrastructure providers like Kiln and BitSafe, among others.
How can institutions get started?
Institutions can onboard immediately to custody Canton Coin with BitGo. Reach out to your BitGo CSM or contact sales@bitgo.com to begin the onboarding process for custody or self-custody access.
About Canton Network
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.
Table of Contents
The latest
All NewsAbout BitGo
BitGo is the digital asset infrastructure company, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have been focused on accelerating the transition of the financial system to a digital asset economy. With a global presence and multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide. For more information, visit www.bitgo.com.
©2025 BitGo, Inc. (collectively with its parent, affiliates, and subsidiaries, “BitGo”). All rights reserved. BitGo Bank & Trust, National Association (“BitGo Bank & Trust”) is a national trust bank chartered and regulated by the Office of the Comptroller of the Currency (OCC). BitGo Bank & Trust is a wholly-owned subsidiary of BitGo Holdings, Inc., a Delaware corporation headquartered in Palo Alto, California. Other BitGo entities include BitGo, Inc. and BitGo Prime LLC, each of which is a separately operated affiliate of BitGo Bank & Trust.
BitGo does not offer legal, tax, accounting, or investment advisory services. The information contained herein is for informational and marketing purposes only and should not be construed as legal, tax, or investment advice. You should consult with your own legal, tax, and investment advisor for questions about your specific circumstances.
Digital assets are subject to a high degree of risk, including the possible loss of the entire principal amount invested. Past performance and illustrative examples do not guarantee future results. The value of digital assets can fluctuate significantly and may become worthless. No BitGo communication is intended to imply that any digital asset services are low-risk or risk-free. BitGo is not a registered broker-dealer and is not a member of the Securities Investor Protection Corporation (“SIPC”) or the Financial Industry Regulatory Authority (“FINRA”). Digital assets held in custody are not guaranteed by BitGo and are not subject to the insurance protections of the Federal Deposit Insurance Corporation (“FDIC”) or SIPC. Custody and other digital asset services are subject to eligibility, jurisdictional, and regulatory restrictions. Availability of specific products and services may vary by location and entity.
BitGo endeavors to provide accurate information on its websites, press releases, blogs, and presentations, but cannot guarantee all content is correct, completed, or updated. Content is subject to change without notice. BitGo disclaims any obligation to update or supplement such information except as required by applicable law or regulation.
BitGo makes no representation that the information contained herein is appropriate for use in any jurisdiction where its distribution or use would be contrary to law or regulation or would subject BitGo or any of its affiliates to any registration or licensing requirements in such jurisdiction. Persons who access this information are responsible for complying with all applicable laws and regulations.