BitGo, a digital asset infrastructure provider, has expanded support for Canton Coin by adding trading and settlement services to its custody offering. It is among the first US-regulated providers to offer custody, OTC trading, and on-chain settlement for Canton Coin within a single platform. Clients can trade Canton Coin electronically or via BitGo’s OTC desk, with settlement enabled through the Canton Network’s infrastructure to finalize transactions on-chain.
Canton Coin has grown since late 2025, with its market capitalization approaching $6 billion. Canton Coin is the network’s utility token on the Canton Network, a layer-1 blockchain developed by Digital Asset, designed for institutional adoption with privacy and compliance features. The increase comes amid broader interest in tokenization and permissioned blockchain networks designed for regulated use cases.
The move comes amid growing institutional participation in the digital asset market, supported by major industry developments and a gradually evolving regulatory framework. In a December report, Coinbase said institutional adoption was approaching an inflection point despite ongoing market volatility, pointing to evolving US legislation, including the GENIUS Act on stablecoins and potential progress on a broader crypto market structure bill. A separate January report by Binance Research similarly found that institutional capital is playing an increasingly prominent role in digital asset markets, with activity shifting away from retail-driven trading.
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