BitGo expands institutional custody to Canton Network's native token
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BitGo, a leading cryptocurrency custody provider, has expanded its institutional services to support Canton Coin, the native digital asset of the Canton Network blockchain. This strategic move enables regulated financial institutions and enterprises across the United States to securely store and manage Canton Coin through BitGo's trusted custody infrastructure.
The integration represents a significant milestone for institutional cryptocurrency adoption, as BitGo's platform serves major banks, hedge funds, and corporations seeking compliant digital asset storage solutions. Canton Network, which focuses on enterprise blockchain applications and decentralized finance (DeFi) infrastructure, gains enhanced institutional accessibility through this partnership.
BitGo's custody expansion demonstrates growing institutional demand for diversified cryptocurrency portfolios beyond Bitcoin and Ethereum. The move positions Canton Coin for increased institutional investment flows and mainstream adoption within traditional finance sectors. For the broader crypto market, this development signals continued institutional infrastructure growth and regulatory compliance advancement.
The custody support launch comes as institutional investors increasingly seek secure, regulated pathways to access emerging blockchain networks and their native tokens, potentially driving increased liquidity and market participation for Canton Network's ecosystem.
