BitGo Adds CIP-56 Token Standard Support on Canton Network, Enabling Custody for USDCx and cBTC

TLDR: BitGo extends its Canton Network infrastructure to support CIP-56 token standard assets including USDCx and cBTC. The CIP-56 standard offers privacy-preserving transfers and atomic settlement tailored for regulated financial institutions. Canton Network now processes over $350 billion in on-chain assets daily, reflecting rapid institutional blockchain adoption. BitGo, the largest Bitcoin custodian globally, is expanding [...]

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