Why the Change?
BitSafe started as DLC.Link, a single-product company that brought decentralized, bridgeless wrapped Bitcoin to smart contract chains. As the product evolved and the opportunity became clearer, so did the mission.
The rebrand to BitSafe reflects that shift. What started as a single bridging tool is now a full infrastructure layer for institutional Bitcoin on Canton, built around privacy-enabled transactions, regulatory compliance, and transparent risk disclosure.
Introducing BitSafe
BitSafe builds decentralized, privacy-enabled infrastructure on the Canton Network. Every product is built around a core principle: institutions should know exactly where their Bitcoin is held, who has custody, and what the risk assumptions are before committing capital.
The flagship product is CBTC: the first wrapped Bitcoin on Canton.
CBTC: Bitcoin on Canton
CBTC is a 1:1 Bitcoin-backed token on the Canton Network. It brings Bitcoin liquidity into Canton's privacy-enabled smart contract environment, where institutions and developers can build trading, lending, and settlement applications without exposing positions to a public mempool.
How it works
Decentralized custody via the Attestor Network. Native BTC is secured using FROST (Flexible Round-Optimized Schnorr Threshold Signatures), a cryptographic protocol enabled by Bitcoin's Taproot upgrade. A decentralized network of institutional-grade node operators collectively controls the signing keys. No single party, including BitSafe, can unilaterally mint CBTC, redeem BTC, or move funds.
Privacy by default. Transactions on Canton are private between counterparties. There is no public mempool, which means no front-running, no sandwich attacks, and no MEV risk.
CIP-56 compliant. CBTC works with any Canton token-standard-compatible tool out of the box.
Chainlink verification. Chainlink Proof of Reserve provides real-time, on-chain verification that every CBTC in circulation is backed 1:1 by Bitcoin.
Canton Network participants include Citi, Goldman Sachs, Nasdaq, and Bank of America, among others. Digital Asset, the company behind Canton, recently raised $135 million led by DRW Venture Capital and Tradeweb, with participation from Goldman Sachs, Citadel Securities, BNP Paribas, and Circle Ventures.
The Broader Product Suite
While CBTC is the primary focus, BitSafe also offers:
BitSafe Vaults. Configurable vault infrastructure on Canton, built on audited protocols with multiple custody options and simplified KYC onboarding.
iBTC. Wrapped Bitcoin on Ethereum and XRPL, using a bridgeless architecture built on Bitcoin Layer 1.
Each product discloses custody arrangements, trust assumptions, and risk parameters before any capital is committed.
Built for Institutions
BitSafe is purpose-built for institutions that expect legal, technical, and operational clarity before deploying capital. Transparency is not optional. Every product discloses where Bitcoin is held, who has custody, and the trust and risk assumptions behind each configuration.
BitSafe builds the foundation. Institutions and developers build on top.
About BitSafe
BitSafe builds decentralized, privacy-enabled infrastructure and compliant digital asset products on the Canton Network. As the team who brought Bitcoin to Canton, BitSafe's threshold-governed multi-sig infrastructure distributes custody and governance, eliminates single points of failure, and enables institutions and developers to launch trading venues, deploy vaults, and build compliant financial products across the ecosystem.
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Disclaimer: Cryptocurrency investments carry significant risks due to price volatility and potential loss of private keys. Always conduct thorough research before investing.