BitGo Expands Support for Canton Coin with Electronic Trading and Go Network Settlement
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otc tradingfinancial
OTC trading is the buying and selling of stocks and other financial instruments directly between parties, broker-dealers, or electronic networks instead of on formal exchanges like the NYSE or Nasdaq. It matters to investors because OTC markets often list smaller or less regulated securities with lower visibility, looser reporting, and thinner trading — which can mean bigger price swings, harder order execution, and higher risk, similar to shopping at a flea market rather than a large supermarket.
derivativesfinancial
Derivatives are financial contracts whose value depends on the price or performance of another asset, such as a stock, bond, commodity, currency or interest rate. Investors use them to hedge against risk, to speculate on future price moves, or to gain exposure without owning the asset — like buying insurance or placing a leveraged bet — so they can both protect portfolios and magnify gains or losses, affecting risk and market liquidity.
qualified custodyregulatory
An arrangement where a regulated, vetted third-party custodian holds and safeguards financial assets on behalf of an investor, fund, or company, operating under specific legal and operational standards. It matters to investors because qualified custody reduces the risk of loss, theft or commingling, preserves clear legal ownership and helps meet regulatory and audit requirements — like keeping valuables in a bank safe deposit box that is subject to formal rules and inspections.
offchaintechnical
Offchain describes transactions or information handled outside a public blockchain, meaning they are not recorded on the blockchain’s shared, permanent ledger. Think of it like settling a bill privately between friends instead of announcing it on a public bulletin board — it can be faster, cheaper and more scalable, but may involve different custody, trust and regulatory risks that matter to investors assessing security, transparency and potential costs.
Institutions can now custody, trade, and settle Canton Coin through a single integrated BitGo platform
NEW YORK--(BUSINESS WIRE)--
BitGo Inc., the digital asset infrastructure company and wholly owned subsidiary of BitGo Holdings, Inc. (“BitGo”) (NYSE: BTGO), today announced expanded support for Canton Coin (CC) with the addition of electronic trading and settlement through Go Network, building on its existing OTC trading support. With this expansion, BitGo is the first U.S.-based regulated infrastructure provider to combine custody, OTC trading, electronic execution, and seamless settlement for Canton Coin in a single platform.
The announcement marks the next phase of BitGo’s support for the Canton ecosystem. As the first U.S.-based regulated infrastructure provider to support Canton Coin, BitGo established a secure and compliant entry point for institutions seeking access to the network. BitGo has since expanded its support to include custody for CIP-56 token standard assets, including USDCx, xBTC, and USDXLR, further reinforcing its role as an institutional gateway to the ecosystem.
“Institutions are looking for more than access to digital assets - they need market infrastructure they can actually use in production,” said Adam Sporn, Head of Prime Brokerage and Institutional Sales at BitGo. “We’re seeing meaningful interest across the Canton ecosystem, and BitGo now gives clients the ability to custody Canton Coin, trade it electronically or through our OTC desk, and settle instantly through Go Network. That integrated workflow helps institutions move capital more efficiently and reduces the operational drag and prefunding risk that still exist across much of the market.”
With BitGo’s Canton Coin offering, institutions can:
Execute through BitGo’s OTC desk for spot and derivatives trading with high-touch service
Settle instantly between counterparties on Go Network offchain, 24/7/365
As institutional adoption of digital assets accelerates, the market is increasingly demanding infrastructure that can support real trading, treasury, and settlement activity at scale. By combining qualified custody, integrated liquidity, and always-on settlement, BitGo is helping move Canton Coin from a custody-only asset toward a production-ready instrument for institutional trading, treasury, and settlement workflows.
The Canton ecosystem is emerging as a coordination layer for regulated financial markets, designed to support privacy, interoperability, and real-world asset activity at scale. BitGo’s expanded Canton Coin support gives institutions unified access to that ecosystem through a single operational platform, unlocking more efficient capital deployment, streamlined post-trade operations, and greater control over assets and counterparties.
About BitGo
BitGo (NYSE: BTGO) is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins, and settlement services from regulated cold storage. Since 2013, BitGo has focused on accelerating the transition of the financial system to a digital asset economy. BitGo maintains a global presence and multiple regulated entities, including BitGo Bank & Trust, National Association, the first federally chartered digital asset trust bank owned by a publicly traded company. Today, BitGo serves thousands of institutions, including many of the industry's top brands, financial institutions, exchanges, and platforms, and millions of investors worldwide. For more information, visit www.bitgo.com.
Forward-Looking Statements
Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict, that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the highly volatile nature of digital assets, technical issues in connection with the integration of supported digital assets and changes and upgrades to their underlying network, heightened scrutiny of our industry and operations, the theft, loss, or destruction of private keys required to access any digital assets held in custody for our own account or for our clients, errors in executing client transactions or managing our own trading activities, and the other factors discussed in the Company’s Final Prospectus filed with the U.S. Securities and Exchange Commission (the “SEC”) on January 23, 2026, and its subsequent filings with the SEC, including subsequent periodic reports on Form 10-K, Forms 10-Q and 8-K. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made and predictions as to future facts and conditions. While the Company believes these forward-looking statements are reasonable, readers of this press release are cautioned not to place undue reliance on any forward-looking statements. The information in this release is provided only as of the date of this release, and the Company does not undertake any obligation to update any forward-looking statement relating to matters discussed in this press release, except as may be required by applicable securities laws.
