CBTC is now live on Swap Monster, adding another route for Bitcoin liquidity across Canton Network.
The listing opens four markets:
CBTC/CC
CBTC/USDCx
CBTC/EDELx
CBTC/TRAKXRWA
CETH support is planned for later this week and is not live at the time of writing.
RFQ trading on Canton Network
Swap Monster is an RFQ marketplace for tokenized assets. Traders request a price for the pair and amount they want. They can review the returned quote before choosing whether to accept it.
Access starts with an invitation code. Distribution is confirmed through BitSafe community codes, partner KOLs, and Canton News. The Beehiiv article will host Swap Monster's walkthrough video natively so readers can see the product flow from access through settlement.
Campaign terms
Swap Monster is charging zero trading fees during the campaign. Reward eligibility applies only to CBTC/CC trades.
The separate Trading Season plan is outside this listing announcement.
Bitcoin liquidity, settled on Canton
CBTC is backed 1:1 by Bitcoin. The underlying Bitcoin is secured through FROST threshold signatures across independent institutional operators, so no single party, including BitSafe, can move the reserves alone.
Chainlink Proof of Reserve independently verifies the backing. Canton Network adds privacy-enabled settlement without a public mempool exposing trade intent before execution.