Upvotes
327
Views
2,213
Score
68
Rank Score
#276
Rank Upvote
#434
Rewards
Not recorded
Nodes
1
Rank Rewards
Not recorded
Upvotes
327
Views
2,213
Score
68
Rank Score
#276
Rank Upvote
#434
Rewards
Not recorded
Nodes
1
Rank Rewards
Not recorded
Algorithm Analysis: CBTC
CBTC is a live, audited wrapped Bitcoin token on Canton Network with a named team and clear institutional focus. Its 1:1 backing, FROST threshold signatures, and CIP-56 compliance show real substance, though limited documentation, no disclosed funding, and zero on-chain rewards keep it in the solid but early-stage range.
Last analyzed: Jul 29, 2026
CBTC on Canton
1:1 wrapped Bitcoin on Canton by BitSafe. FROST threshold signatures + decentralized Attestor network (Kiln, Figment, Nethermind, Launchnodes). Taproot-native. CIP-56 compliant.
About CBTC
CBTC is a 1:1 wrapped Bitcoin token on Canton Network produced by BitSafe, secured by FROST threshold signatures and a decentralized Attestor network. Powers institutional margin flows, OTC derivatives collateral, and atomic settlement across tokenized RWAs on Canton.
Features
What the product does
Tokenized Bitcoin
1:1 Bitcoin-backed token on Canton Network enabling BTC holders to access DeFi opportunities.
DeFi Composability
CBTC integrates with Canton DeFi protocols for lending, borrowing, and yield generation.
BitSafe Backing
Produced and backed by BitSafe with transparent Bitcoin reserves.
Canton Privacy
Leverages Canton privacy features for confidential Bitcoin DeFi transactions.
CBTC On-chain
Validator nodes + featured apps linked to this project
CBTC FAQ
Connected Projects
CBTC is a product of BitSafe (parent company), an institutional Bitcoin infrastructure provider previously known as DLC.Link, founded in 2021. BitSafe operates the CBTC bridge in partnership with nine pre-screened external node operators (each managing >$1B AUM) plus one BitSafe node. The Attestor / validator partner set publicly named at launch includes Kiln, Figment, Nethermind, and Launchnodes, all institutional-grade staking/validation firms that co-sign deposits and withdrawals via FROST threshold signing. CBTC integrates natively with the broader Canton Network ecosystem: Digital Asset (Canton's core contributor) endorsed the launch via co-founder Eric Saraniecki.
Latest on CBTC
Recent Canton Network coverage mentioning this project
- Temple reaches $641 million in 30-day trading volume17 Oct 2026 · cantonnews.org
- USDXLR expands stablecoin lending and trading on Canton16 Oct 2026 · cantonnews.org
- Canton today: Alpend’s October 20 deadline, Kora’s $150 million milestone and six more updates15 Oct 2026 · cantonnews.org
- Canton today: Alpend’s yield listing, Kora’s $150 million milestone and six more updates15 Oct 2026 · cantonnews.org
- Canton today: Alpend’s deadline, Canborsa lending and four more updates13 Oct 2026 · cantonnews.org






