Digital asset infrastructure provider BitGo has expanded its support for Canton Coin, introducing trading and settlement services alongside existing custody offerings. This move positions BitGo as one of the first U.S.-based regulated providers to bundle these services.
The update allows institutions to execute trades electronically or via BitGo’s OTC desk, enabling onchain settlement. It reflects a growing trend in tokenized finance, supported by firms like Fireblocks and JPMorgan.
Canton Coin, the utility token of the Canton Network, is built on a layer-1 blockchain developed by Digital Asset. Designed for institutional use, the network emphasizes privacy and compliance.
This expansion aligns with rising institutional participation in digital assets, driven by evolving regulations and increased focus on regulated blockchain networks.