BitGo Adds CIP-56 Token Standard Support on Canton Network, Enabling Custody for USDCx and cBTC

BitGo has added support for the CIP-56 token standard on Canton Network, enabling custody services for USDCx and cBTC tokens. The CIP-56 standard provides privacy-preserving transfers and atomic settlement designed for regulated financial institutions, with Canton Network now processing over $350 billion in daily on-chain assets.