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HomeCrypto NewsBitGo Enhances Institutional Digital Asset Custody with Canton Network Token Support

BitGo Enhances Institutional Digital Asset Custody with Canton Network Token Support

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Digital asset trust company BitGo has expanded its institutional custody services to include Canton Coin, the native token of the Canton Network blockchain platform. This strategic development enables regulated financial institutions operating within the United States to securely store and manage Canton Network’s proprietary digital asset through BitGo’s qualified custodial infrastructure.

The integration represents a significant advancement for institutional adoption of blockchain technology, providing compliant storage solutions for sophisticated financial entities seeking exposure to Canton Network’s ecosystem. BitGo’s custody offering incorporates multi-layered security protocols, including institutional-grade cold storage systems and comprehensive insurance coverage, ensuring maximum protection for client assets.

This custody expansion aligns with growing institutional demand for secure digital asset management solutions that meet rigorous regulatory standards. By supporting Canton Coin, BitGo strengthens its position as a leading provider of institutional cryptocurrency services while facilitating broader participation in permissioned blockchain networks. The move demonstrates continued maturation of digital asset infrastructure as traditional financial institutions increasingly engage with blockchain-based financial instruments and decentralized networks.

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