A new bridge is forming between traditional finance and blockchain infrastructure. BitGo, one of the largest digital asset custodians in the world, has integrated Canton Coin (CC) into its custody platform - a move that could accelerate institutional involvement in the rapidly expanding market for tokenized assets.
Rather than a routine listing, the integration represents a deeper alignment with the Canton Network, a blockchain ecosystem built to serve banks, asset managers, and financial institutions that require regulatory-grade security and privacy. By supporting Canton Coin, BitGo is positioning itself at the core of what many see as the next evolution of financial infrastructure: the tokenization of real-world assets (RWAs).
A Network Built for Institutions
Canton Network’s mission is straightforward but ambitious – to bring the structure and oversight of traditional finance onto decentralized rails. Designed to link various financial applications under a compliant framework, the network allows tokenized securities, loans, and funds to operate in a shared yet secure environment.
Behind the project is Digital Asset, the blockchain firm that recently raised $135 million from global financial giants including Goldman Sachs, BNP Paribas, Citadel Securities, and the DTCC. That backing has helped Canton quickly attract some of the world’s most recognized banks, from JPMorgan and Citigroup to Bank of America.
BitGo’s Role in the Equation
BitGo’s involvement adds the missing piece for regulated participation – qualified custody. With roughly $90 billion already held under its protection, BitGo brings insurance-backed storage and cold-wallet infrastructure to an ecosystem that is increasingly interacting with tokenized treasuries, equities, and credit markets.
According to Melvis Langyintuo, executive director of the Canton Foundation, this partnership is more than technical integration. It represents a “step toward normalizing digital asset custody for traditional institutions,” he said, describing the collaboration as a foundation for wider financial adoption.
Momentum in the Tokenization Sector
Over the past year, tokenization has emerged as one of the most promising use cases for blockchain technology. Analysts estimate that over $35 billion worth of RWAs have already been issued on-chain, with demand driven by banks and asset managers exploring digital versions of U.S. Treasury bonds, private equity, and structured credit.
The Canton Network is directly positioned within that movement. In recent months, it has added partners such as P2P.org, which oversees more than $10 billion in staking assets, and expanded its interoperability capabilities through a collaboration with Chainlink, which introduced oracles and CCIP cross-chain connectivity to Canton’s framework.
A Broader Strategic Shift for BitGo
The integration also coincides with a major turning point for BitGo itself. The company has reportedly filed for a U.S. initial public offering, signaling its intent to scale from a crypto-native custodian into a global digital asset infrastructure provider. With institutions increasingly looking for compliant, fully insured digital storage solutions, Canton Coin’s addition aligns perfectly with BitGo’s post-IPO ambitions.
A New Phase for Institutional Blockchain Adoption
As more financial entities explore tokenized markets, the combination of Canton’s regulated network and BitGo’s custody infrastructure could form a blueprint for how Wall Street interacts with blockchain ecosystems in the coming years.
For now, the integration of Canton Coin may look like a technical detail. But it symbolizes something far larger – the quiet merging of two financial worlds that, until recently, operated in isolation.
