Bitwise just added another line to its European product shelf. The asset manager listed a Canton Network ETP on Deutsche Börse Xetra on May 26, trading under the ticker BWCC and backed entirely by CC tokens held in cold storage.
The product tracks the Kaiko CANTO Reference Rate LDNLF index and carries ISIN DE000A4ARTH9. In practical terms, it lets institutional and retail investors in Europe gain exposure to the Canton Network’s native token without ever touching a crypto wallet, buying instead through the same brokerage accounts they use for stocks and bonds.
What the Canton Network actually does
Canton is an enterprise-grade blockchain infrastructure designed specifically for financial institutions that want to tokenize assets and trade them with each other, all while keeping transaction details confidential.
Digital Asset, the company behind Canton, publicly introduced the network in 2023. The pitch was interoperability. Banks and asset managers running different systems could use Canton as a shared layer to issue, settle, and trade tokenized assets without exposing sensitive data to competitors on the same network.
