CBTC

CBTC is Bitcoin on Canton Network, backed 1:1 by real BTC. As the first non-native asset on Canton Network, CBTC is now one of the network's most actively used assets, with millions of on-chain transactions a month. Rather than depending on a single custodian or a bridge, the Bitcoin behind CBTC is held by a group of independent institutional operators. No single party, including BitSafe, can move the reserves on its own, and Chainlink Proof of Reserve confirms the backing on-chain. Inside the ecosystem, CBTC behaves like any other Canton asset. It moves between compliant wallets, custodians, and venues in seconds, and transfers stay private to the parties involved. With more than 2 million on-chain transactions a month, CBTC is traded on Canton venues, held with institutional custodians, and accepted as collateral in regulated lending.