Digital asset custodian BitGo has expanded its institutional custody services to include Canton Coin (CC), the native token of the Canton Network. The move opens the door for regulated institutions in the United States to securely hold and manage the token through a qualified custodian.

BitGo and Canton Network Join Forces

BitGo announced the integration on Wednesday, marking another step in its push to serve institutional clients seeking compliant exposure to blockchain-based assets. The partnership introduces cold-storage custody, insurance-backed protection, and compliance-ready infrastructure for banks and asset managers interested in the Canton ecosystem.

The Canton Network, developed by blockchain firm Digital Asset, has been positioning itself as the infrastructure layer for regulated financial institutions. By enabling interoperability between tokenized assets and financial applications, it allows institutions to transact onchain without compromising compliance requirements.

Melvis Langyintuo, executive director of the Canton Foundation, described the partnership as a milestone for institutional adoption. “This represents a significant step toward institutional participation in CC and support for the broader Canton ecosystem,” he said.

Institutional Access and Regulatory Confidence

The new custody option is expected to make it easier for institutions to integrate onchain operations into their existing frameworks. BitGo’s solution provides the kind of regulated, insured custody many large investors require before holding digital assets.

By offering support for Canton Coin, BitGo is also paving the way for additional onchain financial instruments, including tokenized securities, stablecoins, and other regulated assets. The integration gives asset managers a compliant path to explore the network’s growing real-world asset (RWA) activity.

The Canton Network already facilitates tokenized representations of assets such as private credit, U.S. Treasuries, and private equity. As of 2025, the total market value of tokenized RWAs, excluding stablecoins, has surpassed $35 billion, underscoring the growing institutional appetite for blockchain-based finance.

Canton’s Expanding Institutional Footprint

Since its public debut in 2023, the Canton Network has attracted a growing list of high-profile participants. P2P.org, a staking infrastructure provider overseeing more than $10 billion in assets, recently joined the ecosystem. Other major backers include Goldman Sachs, JPMorgan, Bank of America, and Citigroup.

Two of the world’s largest banks, BNP Paribas and HSBC, have also become members of the Canton Foundation, the nonprofit entity responsible for overseeing the network’s governance and development. Their participation highlights a broader shift among global financial institutions seeking blockchain solutions that align with regulatory frameworks.

This growing network of participants points to a broader trend: established financial institutions are looking for blockchain systems that offer interoperability and compliance without compromising on privacy or performance. Canton’s design allows for the seamless connection of financial applications and tokenized assets across different entities while preserving regulatory boundaries.

BitGo’s Institutional Push

BitGo, which holds around $90 billion in assets under custody, has long been one of the industry’s leading custodians. The company provides security and compliance infrastructure to both crypto-native firms and traditional institutions moving into digital assets.

The expansion to include Canton Coin comes as BitGo continues to deepen its presence in the institutional market. The firm has reportedly filed for an initial public offering in the United States, signaling confidence in its long-term growth prospects amid a shifting regulatory landscape.

BitGo’s leadership has emphasized that institutional-grade custody remains a foundational element of the digital asset ecosystem. As regulators tighten oversight, demand for transparent, compliant, and insured custody services continues to grow. The integration with the Canton Network fits squarely into this strategy, aligning with BitGo’s mission to bridge traditional finance and blockchain.

Real-World Assets: The Next Growth Frontier

The timing of this partnership coincides with a surge of interest in tokenized real-world assets. From private credit and real estate to equities and fixed income products, tokenization is increasingly seen as a way to improve efficiency and liquidity in traditional markets.

Canton Network’s focus on RWAs gives it an advantage in attracting institutional users. By combining permissioned blockchain technology with interoperability features, it allows institutions to manage complex financial workflows in a compliant manner.

For BitGo, supporting Canton Coin could be the first step toward offering custody solutions for a broader set of assets built on the Canton platform. Market participants expect future integrations to include stablecoins and tokenized securities, further expanding the network’s appeal.

Toward Institutional Blockchain Adoption

The collaboration between BitGo and Canton Foundation reflects the accelerating institutional momentum behind blockchain adoption. With major banks and asset managers now actively exploring onchain solutions, the demand for compliant, enterprise-grade infrastructure is reaching new levels.

By offering a regulated pathway for holding Canton Coin, BitGo is helping institutions engage with digital assets in a secure and transparent way. For the Canton Network, this partnership represents another stride toward its goal of connecting the traditional financial system with blockchain-based markets—bringing the world’s biggest institutions closer to operating onchain.