BitSafe Launches Decentralization Manager with Canton Foundation Grant
BitSafe has launched Decentralization Manager, an open-sourced framework for building decentralized financial applications on the Canton Network. The launch is backed by a $1M+ grant from the Canton Foundation's Development Fund.
Decentralization Manager allows developers to build resilient products that distribute control across multiple independent operators. This eliminates the need to create threshold custody, governance, and audit infrastructure from scratch.
The framework ships with pre-built frameworks for token issuance and custody, enabling additional products such as tokenized real-world assets and securities, DEXs, lending, and structured products.
CBTC is the first non-native asset on Canton to use Decentralization Manager. Node operators powering CBTC already earn a share of Canton fees from on-chain transactions, and now this opportunity extends across the network.