EDX Markets Adds Bitcoin-Backed CBTC Trading for Canton Network Institutions
(5 hours ago) · 1 source · Summarized by CryptoBipto
EDX Markets has introduced trading support for CBTC, a bitcoin-backed token, aimed at institutional participants on the Canton Network. The move expands the range of digital assets available to institutions through the EDX platform. CBTC is designed to represent bitcoin in a form compatible with the Canton blockchain infrastructure.
WHY IT MATTERS
Think of CBTC as a receipt or voucher that represents real bitcoin, but is designed to work within a specific institutional blockchain system called the Canton Network.
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SOURCES
- newsbtc.com
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