Bitwise Launches Canton ETP on Deutsche Borse

Bitwise launched the BWCC exchange-traded product on Deutsche Borse Xetra, tracking the Canton Network’s CC token. The ETP has an annual expense ratio of 0.85% and provides regulated access to blockchain infrastructure for capital markets. Canton Network was built to address privacy barriers that limit large financial institutions’ adoption of public blockchains. Instead of broadly visible transaction activity, participants can view and validate only transaction data relevant to them. The network supports confidentiality and compliance needs typical in regulated finance. Canton has attracted backing and participation from major financial and technology firms, including Goldman Sachs, Microsoft, Deutsche Borse, and others. Canton also enables institutions to issue, trade, and settle tokenized representations of traditional assets.

"Bitwise launched a new exchange-traded product (ETP) tied to the Canton Network, marking another step in the growing institutionalization of blockchain-based financial infrastructure. The Bitwise Canton ETP, trading under the ticker BWCC on Deutsche Borse Xetra, tracks the performance of CC, the native token of the Canton Network, with an annual expense ratio of 0.85%. The launch gives traditional investors regulated exposure to a blockchain platform built specifically for banks and capital markets rather than retail crypto activity."

"Canton Network was developed to address one of the core barriers preventing large financial institutions from fully adopting public blockchain systems: privacy. Unlike open blockchains such as Bitcoin and Ethereum, where transaction activity is broadly visible, Canton allows participants to view and validate only the specific transaction data relevant to them. That structure is designed to meet confidentiality and compliance requirements commonly demanded by regulated financial institutions."

"The network has attracted backing and participation from some major financial and technology firms, including Goldman Sachs, BNP Paribas, Deutsche Borse, Broadridge, Microsoft, Moody's, S&P Global, Deloitte, and Cboe Global Markets. Launched in 2023 by Digital Asset, the fintech company co-founded by DRW founder Don Wilson, Canton has positioned itself as infrastructure for tokenized financial markets, enabling institutions to issue, trade, and settle digital representations of traditional assets."

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