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<\/span><\/p>\n July 28th, 2026 \u2013 New York, United States<\/i><\/p>\n\n Backed by a Canton Foundation Development Fund grant<\/strong><\/a> of over $1 million (8,500,000 $CC), BitSafe<\/strong><\/a> today opened the public beta of Decentralization Manager, an open-sourced framework allowing apps and institutions to build resilient products that distribute control across multiple independent operators.<\/p>\n Canton Network has become critical infrastructure for institutions bringing real capital and operations on-chain. Meeting institutional application standards requires audit trails and distributed trust, but until now every team building on Canton has had to build threshold custody, governance, and audit infrastructure from scratch. Decentralization Manager makes those reusable, so teams build the application, not the infrastructure.<\/p>\n Independently audited by Quantstamp, Decentralization Manager marks an exciting expansion of on-chain use cases and allows institutions to continue leveraging the network\u2019s privacy-native architecture while mitigating risk by distributing their operations.<\/p>\n Decentralization Manager ships with pre-built frameworks for token issuance and custody and enables additional products such as:<\/p>\n Contact us<\/strong><\/a> to start launching decentralized applications and assets.<\/strong><\/p>\n CBTC, the first non-native asset on Canton, is the first live use case of Decentralization Manager. With over 10 million transactions to date, node operators powering CBTC already earn a share of Canton fees from on-chain transactions. Decentralization Manager now extends that opportunity across the network. Application builders get an easier path to high quality node operators who can support their products, and those operators earn the same share of Canton fees in return.<\/p>\n \u201cThe future of institutional blockchain depends on making sophisticated infrastructure easier to build and adopt,\u201d said Viv Diwakar, Head of the Canton Foundation. \u201cBy open-sourcing Decentralization Manager, BitSafe is giving developers the tools to create resilient, privacy-preserving applications that distribute trust across independent operators without compromising the governance and control institutions require. Contributions like this strengthen the Canton ecosystem and help accelerate the growth of institutional digital assets and tokenized financial markets. We\u2019re pleased to see BitSafe making this capability available to the wider community and look forward to seeing the next generation of institutional applications built on Canton.\u201d<\/em>As of today, Palladium Labs is the first builder announced using Decentralization Manager to enable multi-party authorization for protocol operations. \u201cDistributed trust and full auditability are table stakes for institutional-grade credit infrastructure like Alpend,\u201d said Akshay Sinha, Cofounder & CTO of Palladium Labs. \u201cDecentralization Manager makes that a framework the entire Canton ecosystem can build on. Adopting it was one of the easier decisions we\u2019ve made.\u201d<\/em><\/p>\n In addition to Palladium, CBTC Attestors Nethermind, DSRV, and Finoa Consensus Services have already implemented Decentralization Manager. Their institutional participation affirms a collective effort across Canton to embrace decentralized technology that prioritizes data privacy, operational control, and resilience.<\/p>\n The public beta is open now on the Canton Foundation\u2019s GitHub, with an additional grant application underway. Builders who need operators to complete their Decentralized Party can reach out<\/a> to BitSafe to be matched with vetted, institutional-grade node operators. Institutions looking to issue and govern Canton-native tokens can engage BitSafe\u2019s Decentralization Services<\/a> for custom tokenization engagements.<\/p>\n Additional quotes from ecosystem partners:<\/strong><\/p>\n \u201cThe CBTC Decentralized Party has shown how far Canton has come, and the public beta opening of Decentralization Manager is a big step for the whole ecosystem. Onboarding was remarkably smooth for our team \u2013 contract deployment was essentially one click. For any app still running on a single validator, this is the easiest path we\u2019ve seen to move beyond a single point of failure.\u201d \u2013 Joonkyo Kim, CTO, DSRV<\/strong><\/em>\u201dAs one of the attestors securing CBTC, we\u2019ve operated inside BitSafe\u2019s decentralized signing architecture from an early stage, so we\u2019ve seen firsthand what it takes to distribute trust across independent operators in production. Onboarding into Decentralization Manager was refreshingly straightforward, the admin tooling is intuitive and whenever we hit an issue the BitSafe team resolved it quickly and communicated the whole way through.<\/em>Institutions bringing real assets onto Canton increasingly expect exactly this: no single point of control with the audit trails and operational resilience their risk teams demand. Making that kind of infrastructure open and repeatable is a meaningful step for the ecosystem.\u201d \u2013 Mateusz J?drzejewski, CIO, Nethermind<\/strong><\/em>\u201cBitSafe\u2019s Decentralization Manager turns the infrastructure we already run into a setup with no single point of failure, the kind institutions expect from Canton. We\u2019re glad to extend our partnership with BitSafe and look forward to building more together as new applications join the network.\u201d \u2013 Daniel Schrader, Managing Director, Finoa Consensus Services<\/strong><\/em><\/p>\n About BitSafe<\/strong><\/p>\n BitSafe<\/a> builds decentralized, privacy-enabled digital asset infrastructure on the Canton Network. As the team that brought Bitcoin to Canton (CBTC), BitSafe\u2019s threshold-governed multi-sig infrastructure distributes custody and governance, eliminates single points of failure, and enables institutions and developers to launch trading venues and build compliant financial products and assets across the ecosystem.<\/p>\n Kadeem Clarke<\/strong> <\/p>\n Follow Us on X<\/a> Facebook<\/a> Telegram<\/a><\/span><\/p>\n Check out the Latest Industry Announcements<\/a> <\/span>\u00a0<\/p>\n<\/div>\n \u00a0 The post Canton\u2019s Decentralized App Layer Launches, Backed by $1M+ Foundation Grant<\/a> appeared first on The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" July 28th, 2026 \u2013 New York, United States class=\u201dql-align-center\u201d>BitSafe has released infrastructure for builders launching decentralized financial applications on Canton Network. Backed by a Canton Foundation Development Fund grant of over $1 million (8,500,000 $CC), BitSafe today opened the public beta of Decentralization Manager, an open-sourced framework allowing apps and institutions to build resilient products […]<\/p>\n","protected":false},"author":1,"featured_media":48727,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-48726","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"\n
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class=\u201dql-align-center\u201d>BitSafe has released infrastructure for builders launching decentralized financial applications on Canton Network.<\/strong>\n<\/div>\n<\/h5>\n<\/blockquote>\n\n
Contact<\/h5>\n
\n<\/span>BitSafe<\/strong>
\n<\/span>marketing@bitsafe.finance<\/strong>
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