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BitGo deepens its Canton Network role with institutional custody and token support
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BitGo deepens its Canton Network role with institutional custody and token support

Crypto BriefingJohn Chen

The custodian says it is the only regulated custodian on Canton, a network built for banks that want blockchain rails without broadcasting their business BitGo is leaning hard into the Canton Network. The custody firm says it supports private, permissioned ledgers for institutions and describes itself as the only regulated custodian operating on Canton. On October 29, 2025, BitGo became the first US-based qualified custodian to offer custody for Canton Coin (CC), the network’s native token. BitGo backs that custody with up to $250 million in institutional insurance coverage. The firm then widened its offering in March 2026. It added support for the CIP-56 token standard, which covers assets issued on Canton under a shared set of rules. Two tokens stand out in that expansion.

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