Bitwise Launches Canton Network ETP on Deutsche Börse Xetra

• Bitwise launched BWCC on Deutsche Börse, expanding regulated European crypto investment access.
• Canton Network attracted Goldman Sachs, Microsoft, and Deloitte participation since launching globally.
• CC token maintained billion-dollar valuation despite recent market decline and volatility.

Bitwise expanded its European crypto investment products on Tuesday with the launch of a new exchange-traded product tied to Canton Network’s native token, CC. The product, trading under the ticker BWCC on Deutsche Börse Xetra, gives institutional and retail investors regulated exposure to the token through traditional brokerage accounts.

Bitwise confirmed that the ETP tracks the Kaiko CANTO Reference Rate LDNLF index while remaining fully backed by CC tokens held in cold storage. Additionally, the company set the product’s annual expense ratio at 0.85%, making it part of Bitwise’s growing European crypto ETP lineup.

According to Bradley Duke, the launch reflects increasing institutional interest in blockchain infrastructure built specifically for regulated financial markets. He explained that Canton Network combines privacy, interoperability, and programmability while supporting compliance requirements for large financial institutions.

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Canton Network Expands Presence Among Financial Institutions

Canton Network entered the market in 2023 through development led by Digital Asset, a fintech company co-founded by DRW’s Don Wilson. Since launch, the blockchain attracted participation from several major financial firms seeking permissioned blockchain infrastructure for institutional operations. The network’s participants include Goldman Sachs, BNP Paribas, Microsoft, Moody’s, S&P Global, Cboe Global Markets, and Deloitte. Their involvement strengthened Canton Network’s position within institutional blockchain development efforts.

Meanwhile, the European ETP launch followed another regulated investment product linked to the same asset in the United States. Earlier this month, 21Shares listed the 21Shares Canton Network ETF on Nasdaq under the ticker TCAN, expanding investor access to CC across traditional financial platforms. CC traded near $0.16 on Tuesday while recording a 1.4% decline during the previous 24 hours. Even so, the token maintained a market capitalization near $6.3 billion, reflecting continued institutional interest surrounding Canton Network-related products.

In conclusion, Bitwise’s BWCC launch added another regulated investment vehicle tied to institutional blockchain infrastructure. Moreover, the listing highlighted growing efforts to integrate digital asset products into traditional European financial markets.

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