BitSafe

Many teams that build on Canton Network launch with a single operator running the show. It's the path of least resistance, and it does work until the app starts holding real value. That's the gap DecParty fills. DecParty lets a group of independent nodes, run by different organizations, operate as one governed party on Canton. Mints, burns, config changes, all of it goes through a quorum. Nobody can move unilaterally. CBTC has been running on it in production. Bitcoin operations are distributed across independent attestors with quorum-gated mint and burn. No single point of failure, no single point of trust. Multi-sig gives you threshold approval. MPC gives you distributed keys. Neither gives you a way to manage members, rotate policies, or run governed workflows over time. That's the part most institutional builders end up rebuilding from scratch. We built it once so others don't have to. If you're working on something on Canton that shouldn't sit behind one operator, we should talk.

Yuval Rooz was asked on Unchained whether Canton Network is even a real blockchain. His answer is worth reading carefully. The criticism from the debate: Canton's validators are permissioned in everything but name. There is no universally shared ledger. It cannot enforce financial rules without a trusted third party. Yuval's counter: those same properties apply to Ethereum L2s and proof-of-authority chains that the industry treats as uncontroversially real. Centralized sequencers. Permissioned validator sets. Chains that can flip from public to private unilaterally. None of them attracted the same scrutiny. The label is being applied selectively. What Canton actually is, a network purpose-built for the privacy and compliance requirements of institutional finance, gets obscured by a definition debate that was written for a different era. For BitSafe, this is not a theoretical question. We chose to build CBTC on Canton as the architecture solves the actual problem: institutions need privacy at the protocol layer, not bolted on. They need compliance-ready settlement, not an audit workaround. They need decentralized custody without sacrificing any confidentiality. Whether that fits a particular definition of "blockchain" is less important than whether The Depository Trust & Clearing Corporation (DTCC), Broadridge, J.P. Morgan, and Visa are building on it. They are 🔥

BitSafe is building the infrastructure to bridge capital markets and decentralized technology. This week, BitSafe CEO and co-founder Aki Balogh joined John Furrier and Gemma Allen at TheCUBE Studio at the New York Stock Exchange for @NYSE Wired's Crypto Trailblazers series. The conversation covered the evolution of BitSafe and the vision behind its growing product suite. A few highlights from the interview 👇 CBTC was the first asset live on the Canton Network, positioning BitSafe as a pioneer in institutional-grade Bitcoin infrastructure on an enterprise blockchain. BitSafe uses FROST threshold signatures to power its Decentralized Party architecture, distributing control across multiple operators so no single entity holds all the assets. This makes custody programmable and reduces counterparty risk at the infrastructure level. Looking ahead, BitSafe is open-sourcing its Decentralized Party manager to enable any developer to build on Canton, alongside new tools including Token Factory and Vault Factory. Watch the full interview here: https://lnkd.in/eEnBj5RX Thank you to John Furrier, Gemma Allen, SiliconANGLE & theCUBE, NYSE, Brian J. Baumann and the NYSE Wired team for having Aki on the show. #NYSEWired #Canton #Bitcoin #CBTC #BitSafe

Canton Network and ZKsync aren't competing. They serve very different markets. Canton is the institutional settlement layer. ZKsync is the credibly neutral layer for consumer DeFi. $350B moves daily through Canton: Goldman Sachs, J.P. Morgan, Kinexys, The Depository Trust & Clearing Corporation (DTCC), and Broadridge all settle there. Not for the developer ecosystem. For sub-transaction privacy that's architectural, Daml built for legal agreements, and atomic settlement without bridge risk. That's the "why Canton" story. Here's the "what next." Canton requires assets to be held by a party, not a smart contract. Most applications launch on single validator nodes because coordinating a decentralized party across independent validators is hard. That's the bottleneck between Canton's promise and the products institutions want to deploy. BitSafe closes that gap. → Decentralized Party: FROST threshold-signed multi-party custody and governance. Non-custodial by architecture. → CBTC: the first non-native asset on Canton, live in production, attested by Chainlink Labs Proof of Reserve. → Vaults: configurable infrastructure institutions deploy, configure, and extend. Building on Canton and want to skip the custody bottleneck? DM us.

🇺🇸 Kevin Warsh, Fed Chair nominee, in his Senate hearing: 🗨️ "Senator, digital assets are already part of the fabric of our financial services industry in the United States, yes." When the next Fed Chair describes digital assets as already woven into US finance, the policy debate has moved on. The real question is what infrastructure those institutions actually rely on. Most of it still sits on public chains where positions, counterparties, and strategies are visible to anyone watching. That works for retail. It does not work for a treasury desk, a custodian, or a fund running real size. This is the gap BitSafe builds for. We build decentralized, privacy-enabled infrastructure on the Canton Network. Transactions are visible only to their direct participants. Custody is distributed across independent operators through FROST threshold signatures. Compliance is part of the architecture, not something bolted on after the fact. Fabric needs foundations. We are building them 🤝

Yuval Rooz, CEO of Digital Asset, pointed to CBTC on Unchained. On the Unchained livestream with Laura Shin, Yuval Rooz, CEO of Digital Asset, was asked how Canton delivers real decentralization in practice. He pointed to a live example on the network: "There is an asset, CBTC, which is a decentralized asset on Canton. You don't rely on one third party to prevent double spend." That's the bar CBTC was built to clear: The first Bitcoin-native token on Canton Network, issued through a decentralized attestor network rather than a single custodian. No single party, including BitSafe, can mint, move, or freeze reserves unilaterally. Live institutional flows on Canton, with trust assumptions made explicit and verifiable on-chain. For institutions evaluating BTC on Canton for collateral, RFQ, and DeFi, this is the answer to the first question that always gets asked: who do I have to trust? You can watch the moment here 👇 https://lnkd.in/e7sjatrt

Most networks treat fees as a simple payment rail. The Canton Network treats fees as a supply control mechanism. In Canton Coin economics, usage burns tokens (fees are USD-denominated, settled in Canton Coin, then burned). Contributions mint tokens (rewards are minted on a cycle). This burn mint equilibrium is what keeps costs predictable while still tying supply dynamics to real network usage. The incentive failure mode is just as important: when rewards pay for activity count instead of economic value, activity becomes something the market can manufacture. We wrote a practical breakdown here: Burn Mint Equilibrium On Canton: Fees, Burns, And Rewards 👇 https://lnkd.in/eqt3UtuA

Congrats to CatalyX by IntellectEU on this next chapter and their deepening commitment to the Canton Network. At BitSafe, we're proud to build Bitcoin-native assets and secure multi-sig vaults alongside them in this growing ecosystem. Excited to see how Canton continues to bring diverse projects together 🔥

Visa validating on the Canton Network is a massive signal for the entire ecosystem. Privacy and compliance at the infrastructure level is exactly what institutions need to move onchain at scale. Proud to be building on Canton alongside names like this.

Institutional lending on the Canton Network just got real. Great to see CBTC integrated as a core asset on Haven Digital Partners permissioned lending platform, with qualified custody, full compliance, and flexible terms built in from day one.