Digital asset infrastructure provider BitGo has expanded its services for Canton Coin. The company now offers custody, trading, and settlement within a single platform, aligning with industry trends. Canton Coin’s market capitalization has grown to nearly $6 billion amid rising interest in tokenized finance and permissioned networks.
BitGo has expanded support for Canton Coin, adding trading and settlement services to its existing custody offering. This makes it one of the first US-based regulated providers to bundle these services, mirroring similar institutional offerings emerging across the sector.
The update enables clients to trade Canton Coin electronically or via BitGo’s over-the-counter desk. It also introduces settlement through the network’s infrastructure, allowing counterparties to complete transactions onchain.
BitGo said the expansion is part of its broader push to support tokenized finance. This area is gaining traction among banks and financial institutions exploring blockchain-based systems, with parallel efforts at firms such as Fireblocks and JPMorgan.
Canton Coin has grown since late 2025, with its market capitalization reaching nearly $6 billion as mentioned on CoinMarketCap. The increase comes amid broader interest in tokenization and permissioned blockchain networks designed for regulated use cases.
Canton Coin is the utility token of the Canton Network, a layer-1 blockchain developed by Digital Asset. The network is designed for institutional adoption with privacy and compliance features.
The move comes amid growing institutional participation, supported by major developments and a gradually evolving regulatory framework. A December report by Coinbase said institutional adoption was approaching an inflection point despite market volatility.
The crypto exchange pointed to evolving US legislation, including the GENIUS Act on stablecoins, as factors that could accelerate involvement. A separate January report by Binance Research similarly found institutional capital is playing an increasingly prominent role.
