Canton’s Decentralized App Layer Launches, Backed by $1M+ Foundation Grant

[PRESS RELEASE – New York, United States, July 28th, 2026]

BitSafe has launched infrastructure for builders launching decentralized monetary purposes on Canton Network.

Backed by a Canton Foundation Development Fund grant of over $1 million (8,500,000 $CC), BitSafe at the moment opened the general public beta of Decentralization Manager, an open-source framework permitting apps and establishments to construct resilient merchandise that distribute management throughout a number of unbiased operators.

Canton Network has turn into essential infrastructure for establishments bringing actual capital and operations on-chain. Meeting institutional utility requirements requires audit trails and distributed belief, however till now each crew constructing on Canton has needed to construct threshold custody, governance, and audit infrastructure from scratch. Decentralization Manager makes these reusable, so groups construct the appliance, not the infrastructure.

Independently audited by Quantstamp, Decentralization Manager marks an thrilling enlargement of on-chain use circumstances and permits establishments to proceed leveraging the community’s privacy-native structure whereas mitigating threat by distributing their operations.

Decentralization Manager ships with pre-built frameworks for token issuance and custody and allows extra merchandise comparable to:

• Token issuance: Issuers can launch and govern Canton-native tokens, starting from wrapped cryptoassets to stablecoins and RWAs.
• Custody and multi-signature wallets: Teams can maintain and switch property below shared, multi-party management, eradicating reliance on any single custodian.
• Tokenized real-world property and securities: Builders can carry real-world property on-chain and govern them below distributed management.
• DEXs, lending, and structured merchandise: Institutions can launch institutional-grade monetary purposes with Decentralization Manager.

Contact us to begin launching decentralized purposes and property.

CBTC, the primary non-native asset on Canton, is the primary stay use case of Decentralization Manager. With over 10 million transactions thus far, node operators powering CBTC already earn a share of Canton charges from on-chain transactions. Decentralization Manager now extends that chance throughout the community. Application builders get a neater path to high-quality node operators who can help their merchandise, and people operators earn the identical share of Canton charges in return.

“The way forward for institutional blockchain is dependent upon making subtle infrastructure simpler to construct and undertake,” mentioned Viv Diwakar, Head of the Canton Foundation. “By open-sourcing Decentralization Manager, BitSafe is giving builders the instruments to create resilient, privacy-preserving purposes that distribute belief throughout unbiased operators with out compromising the governance and management establishments require. Contributions like this strengthen the Canton ecosystem and assist speed up the expansion of institutional digital property and tokenized monetary markets. We’re happy to see BitSafe making this functionality obtainable to the broader group and stay up for seeing the following technology of institutional purposes constructed on Canton.”

As of at the moment, Palladium Labs is the primary builder introduced utilizing Decentralization Manager to allow multi-party authorization for protocol operations. “Distributed belief and full auditability are desk stakes for institutional-grade credit score infrastructure like Alpend,” mentioned Akshay Sinha, Cofounder & CTO of Palladium Labs. “Decentralization Manager makes {that a} framework your complete Canton ecosystem can construct on. Adopting it was one of many simpler selections we’ve made.”

In addition to Palladium, CBTC Attestors Nethermind, DSRV, and Finoa Consensus Services have already carried out Decentralization Manager. Their institutional participation affirms a collective effort throughout Canton to embrace decentralized expertise that prioritizes knowledge privateness, operational management, and resilience.

The public beta is open now on the Canton Foundation’s GitHub, with an extra grant utility underway. Builders who want operators to finish their Decentralized Party can reach out to BitSafe to be matched with vetted, institutional-grade node operators. Institutions seeking to difficulty and govern Canton-native tokens can interact BitSafe’s Decentralization Services for customized tokenization engagements.

Additional quotes from ecosystem companions:

“The CBTC Decentralized Party has proven how far Canton has come, and the general public beta opening of Decentralization Manager is an enormous step for the entire ecosystem. Onboarding was remarkably clean for our crew – contract deployment was basically one click on. For any app nonetheless working on a single validator, that is the best path we’ve seen to maneuver past a single level of failure.” – Joonkyo Kim, CTO, DSRV

”As one of many attestors securing CBTC, we’ve operated inside BitSafe’s decentralized signing structure from an early stage, so we’ve seen firsthand what it takes to distribute belief throughout unbiased operators in manufacturing. Onboarding into Decentralization Manager was refreshingly simple, the admin tooling is intuitive and at any time when we hit a problem the BitSafe crew resolved it shortly and communicated the entire means by way of.

Institutions bringing actual property onto Canton more and more anticipate precisely this: no single level of management with the audit trails and operational resilience their threat groups demand. Making that form of infrastructure open and repeatable is a significant step for the ecosystem.” – Mateusz Jędrzejewski, CIO, Nethermind

“BitSafe’s Decentralization Manager turns the infrastructure we already run right into a setup with no single level of failure, the type establishments anticipate from Canton. We’re glad to increase our partnership with BitSafe and stay up for constructing extra collectively as new purposes be part of the community.” – Daniel Schrader, Managing Director, Finoa Consensus Services

About BitSafe

BitSafe builds decentralized, privacy-enabled digital asset infrastructure on the Canton Network. As the crew that introduced Bitcoin to Canton ($CBTC), BitSafe’s threshold-governed multi-sig infrastructure distributes custody and governance, eliminates single factors of failure, and allows establishments and builders to launch buying and selling venues and construct compliant monetary merchandise and property throughout the ecosystem.

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