BitGo expands Canton Coin custody

Institutional demand for regulated digital asset infrastructure continues to grow, and BitGo is expanding its services around Canton Coin to capture that shift.

BitGo deepens Canton Coin integration for institutions

BitGo Inc., the digital asset infrastructure company and wholly owned subsidiary of BitGo Holdings, Inc. (NYSE: BTGO), has announced expanded support for Canton Coin (CC) with new electronic trading and settlement capabilities via Go Network. This build-out sits on top of the firm’s existing OTC trading support for the asset.

With this extension, BitGo becomes the first U.S.-based regulated infrastructure provider to offer an integrated stack that combines qualified custody, OTC trading, electronic execution, and seamless settlement for Canton Coin on a single platform. Moreover, the move targets institutional clients seeking a unified workflow rather than fragmented services across multiple providers.

From custody-only to full-stack trading and settlement

The announcement marks the next phase of BitGo’s engagement with the broader Canton ecosystem. As the first U.S.-based regulated provider to support Canton Coin, BitGo originally established a secure and compliant on-ramp for institutions wanting exposure to the network. Over time, the company has broadened that role significantly.

BitGo has since expanded support to include custody for CIP-56 token standard assets, such as USDCx, xBTC, and USDXLR. These additions further solidify BitGo’s position as an institutional gateway to Canton-linked assets, while also enhancing the range of tokenized products that can be held and managed within its infrastructure.

Integrated workflow through Go Network

“Institutions are looking for more than access to digital assets – they need market infrastructure they can actually use in production,” said Adam Sporn, Head of Prime Brokerage and Institutional Sales at BitGo. His comments highlight the shift from experimentation to live, scaled usage of tokenized assets.

“We’re seeing meaningful interest across the Canton ecosystem, and BitGo now gives clients the ability to custody Canton Coin, trade it electronically or through our OTC desk, and settle instantly through Go Network,” Sporn added. “That integrated workflow helps institutions move capital more efficiently and reduces the operational drag and prefunding risk that still exist across much of the market.”

With BitGo’s Canton Coin offering, institutions can hold assets in regulated, insured cold storage, access aggregated liquidity for electronic execution, and complete settlement between counterparties on Go Network offchain, 24/7/365. Moreover, they can execute both spot and derivatives transactions through BitGo’s OTC desk with high-touch service and pricing support.

Key features for institutional users

Through the unified BitGo platform, institutional clients gain a set of production-grade capabilities:

• Custody within regulated, insured cold storage managed by BitGo’s infrastructure.
• Electronic trading via BitGo’s APIs and user interface, with access to aggregated liquidity and efficient pricing.
• Execution through BitGo’s OTC desk for spot and derivatives trading with high-touch institutional coverage.
• Instant, offchain settlement between counterparties on Go Network, available 24/7/365.

However, the strategic value lies not only in each service but in the ability to connect custody, trading, and settlement into a single operational workflow. That integration seeks to minimize prefunding, reduce counterparty risk, and align with institutional risk-management standards.

Accelerating institutional adoption of digital assets

As institutional adoption of digital assets accelerates, the market is increasingly demanding infrastructure that can support real trading, treasury, and settlement activity at scale. BitGo’s combined model of qualified custody, integrated liquidity, and always-on settlement aims to meet those requirements.

By concentrating these services on one compliant platform, BitGo is helping shift Canton Coin from a custody-only asset toward what it characterizes as a production-ready instrument for institutional trading, treasury, and settlement workflows. Moreover, the setup is designed to support higher volumes and more complex strategies as institutional use cases mature.

The Canton ecosystem as a financial coordination layer

The Canton ecosystem is positioning itself as a coordination layer for regulated financial markets, with a design focused on privacy, interoperability, and real-world asset activity at scale. In this context, BitGo’s expanded Canton Coin support gives institutions unified access to that environment through one operational platform.

That said, the main benefits for institutional users extend beyond basic asset access. The model aims to unlock more efficient capital deployment, streamline post-trade operations, and improve control over assets and counterparties. This combination is increasingly important as tokenization and digital market structures intersect with traditional finance.

About BitGo

BitGo (NYSE: BTGO) is a digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins, and settlement services from regulated cold storage. Since 2013, BitGo has focused on accelerating the transition of the financial system to a digital asset economy.

The company maintains a global presence with multiple regulated entities, including BitGo Bank & Trust, National Association, the first federally chartered digital asset trust bank owned by a publicly traded company. Today, BitGo serves thousands of institutions, including leading industry brands, financial institutions, exchanges, and platforms, as well as millions of investors worldwide.

For more information about BitGo’s institutional services and its role within the Canton ecosystem, visit www.bitgo.com.

In summary, BitGo’s latest expansion around Canton Coin reinforces its strategy to deliver an end-to-end institutional platform that unifies custody, trading, and settlement for regulated digital asset markets.