Litecoin Partners with Greywick Digital for Canton Network Integration
The Litecoin Foundation has partnered with Greywick Digital to introduce cLTC, a tokenized version of Litecoin, to the Canton Network by the end of 2026. This partnership aims to connect Litecoin's established network and liquidity with Canton's regulated multi-party financial applications.
Canton Network is designed for institutional financial applications and is used by Tier-1 institutions such as DTCC and Goldman Sachs. The integration of cLTC will bring Litecoin liquidity into an environment built around privacy and regulated financial activity.
Every cLTC token will operate with on-chain reserve validation, continuous attestations, and built-in compliance mechanisms to verify reserves backing the token while incorporating compliance requirements directly into its operation.