BitGo expands institutional custody to Canton Network’s native token
Summary
Digital asset infrastructure company BitGo has expanded its institutional custody services to include Canton Coin (CC), the native token of the Canton Network. This integration provides banks and asset managers with compliant access to the network, which focuses on bringing regulated institutions onchain and handling tokenized real-world assets (RWAs). The partnership introduces cold-storage custody and insurance-backed security, potentially paving the way for future support of stablecoins and tokenized securities. The Canton Foundation views this as a significant step toward institutional adoption of CC and the broader Canton ecosystem. The Canton Network, backed by Digital Asset, has seen increasing institutional participation, including major players like Goldman Sachs and JPMorgan, as institutional interest in tokenized RWAs continues to grow.
(Source:Cointelegraph)