BitGo expands Canton network support, adding compliant custody services for USDCx and cBTC

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Odaily Planet Daily reports that digital asset infrastructure company BitGo has announced support for CIP-56 token standard assets on Canton Network and provides compliant custody services for USDCx and cBTC. CIP-56, as the core token standard of Canton Network, is similar to Ethereum’s ERC-20 but is specifically designed for regulated financial markets, featuring privacy transactions, native “Delivery versus Payment” (DvP) settlement, embedded KYC/AML mechanisms, and second-level deterministic settlement. (Businesswire)

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