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BTC$74,8950.64%ETH$2,1280.02%SOL$86.430.34%BNB$6921.07%XRP$1.100.39%TON$1.119.80%BTC$74,8950.64%ETH$2,1280.02%SOL$86.430.34%BNB$6921.07%XRP$1.100.39%TON$1.119.80%BTC$74,8950.64%ETH$2,1280.02%SOL$86.430.34%BNB$6921.07%XRP$1.100.39%TON$1.119.80%
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EDX Markets launches CBTC trading for Canton institutions

Trading in the Bitcoin-backed token is available against the US dollar

№ 1679Published 1 min read

EDX Markets announced the launch of spot trading in CBTC in partnership with BitSafe. Trading against the US dollar is intended for eligible institutional clients, and the token was developed for Canton Network.

According to the partners, each CBTC is backed by one Bitcoin. It is a separate token, not a new version of native BTC; the companies cite Chainlink Proof of Reserve, among other things, as a way to monitor reserves.

The listing alone does not confirm the depth of liquidity or that CBTC’s price will consistently track Bitcoin’s price.

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EDX Markets launches CBTC trading for Canton | $uicideChain