BitGo Extends Canton Network Infrastructure to CIP-56 Token Standard, Adding Qualified Custody for USDCx and cBTC

NEW YORK--(BUSINESS WIRE)--BitGo Inc., the digital asset infrastructure company and wholly owned subsidiary of BitGo Holdings, Inc. (“BitGo”) (NYSE: BTGO), today announced support for CIP-56 token standard assets on the Canton Network, including USDCx and cBTC.

The launch expands BitGo’s Canton infrastructure from custody of the network’s native token, Canton Coin, to the broader ecosystem of institutional financial assets built on the CIP-56 token standard.

CIP-56 is Canton’s token standard, comparable to Ethereum’s ERC-20, but designed specifically for regulated financial markets. The standard enables confidential transactions where data is shared only with involved parties, native Delivery-vs-Payment settlement, embedded KYC and AML controls, and deterministic settlement finality within seconds.

With this integration, BitGo clients can custody and manage the two core categories of institutional assets on Canton:

• USDCx: A USDC-backed stablecoin issued via Circle’s xReserve protocol and utilizing Canton’s selective disclosure structure
• cBTC: Wrapped Bitcoin asset enabling BTC liquidity within Canton’s settlement ecosystem

“Canton is rapidly becoming critical infrastructure for institutional digital finance,” said Chen Fang, Chief Revenue Officer at BitGo. “By supporting CIP-56 assets, BitGo provides institutions with the custody layer they need to securely hold and move stablecoins, bitcoin liquidity, and yield-bearing instruments across Canton’s growing financial ecosystem.”

USDCx serves as the settlement currency for many of Canton’s emerging capital markets use cases, including out-of-hours repo settlement and tokenized collateral workflows. cBTC brings bitcoin liquidity into Canton’s programmable settlement layer, allowing institutions to use BTC as collateral or as a settlement asset across applications.

“CIP-56 is the standard that enables interoperability across the Canton ecosystem,” said Melvis Langyintuo, Executive Director & Head of the Canton Foundation. “BitGo’s support for CIP-56 assets strengthens the network’s institutional infrastructure and makes it easier for participants to build applications and financial products on Canton.”

BitGo first launched qualified custody for Canton Coin in October 2025. With today’s announcement, the company has expanded its support to the broader token ecosystem on the network in less than six months.

As institutional adoption of digital assets continues to grow, BitGo plans to continue expanding its Canton infrastructure to support additional tokenized assets, applications, and settlement workflows across the network.

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.

About the Canton Network

The Canton Network is the only public, permissionless blockchain purpose-built for institutional finance–uniquely combining privacy, compliance, and scalability. Governed by the Canton Foundation with participation from leading global financial institutions, Canton enables real-time, secure synchronization and settlement across multiple asset classes on a shared, interoperable infrastructure. The open-sourced network is powered by its native token, Canton Coin, and supports decentralized governance and collaborative application development. It’s the proven link between the promise of blockchain and the power of global finance, making finance flow the way it should. Learn more at: canton.network.

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.