Digital asset infrastructure company BitGo has integrated Canton Coin (CC), the native token of the Canton Network, into its qualified cold storage custody services. This strategic move, announced on Wednesday, October 29, 2025, aims to facilitate access for U.S. institutions, including banks and asset managers, by providing compliant custody solutions that remove key barriers to adoption.
The partnership introduces cold storage with insurance backing, enabling secure holding of CC and potentially paving the way for future support of stablecoins, tokenized securities, and other on-chain financial instruments. Melvis Langyintuo, executive director of the Canton Foundation, emphasized that this integration "represents a significant step toward institutional adoption of CC and support for the broader Canton ecosystem."
Canton Network focuses on interoperability for tokenized real-world assets (RWAs) while maintaining regulatory compliance, and its sponsor, Digital Asset, recently raised $135 million from investors such as Goldman Sachs, Citadel Securities, BNP Paribas, and the Depository Trust & Clearing Corporation (DTCC). BitGo, one of the largest crypto custodians with approximately $90 billion in assets under custody, is expanding its institutional services amid growing demand and has filed for an initial public offering in the United States.
Since its launch in 2023, the Canton Network has seen rapid growth, with major institutions like JPMorgan, Bank of America, Citigroup, P2P.org, BNP Paribas, and HSBC joining. This expansion aligns with the booming RWA market, where the total value of tokenized assets (excluding stablecoins) exceeds $35 billion.