Luxxfolio Partners with Greywick Digital to Pioneer Institutional Liquidity for cLTC on the Canton Network
RWA Signal Insight
InfrastructureLuxxfolio Holdings Inc. has signed a non-binding letter of intent with Greywick Digital to become the inaugural ecosystem partner for cLTC, a reserve-backed tokenized version of Litecoin. Under this proposed arrangement, Luxxfolio intends to lock portions of its mined Litecoin treasury into a reserve in exchange for 1:1 issued cLTC tokens. These tokens are designed for deployment on the Canton Network, a privacy-enabled blockchain infrastructure tailored for regulated financial institutions. By utilizing cLTC, Luxxfolio aims to access institutional trading, collateralized financing, and corporate yield-bearing workflows without needing to sell its underlying assets on public spot exchanges. This partnership represents a strategic effort to increase the capital efficiency of Luxxfolio's balance sheet while maintaining long-term exposure to Litecoin. The initiative is supported by the Litecoin Foundation and utilizes the CIP-56 token standard to facilitate enterprise-grade asset management. Greywick Digital is currently targeting a mainnet launch for the cLTC project in late 2026, pending further technical and commercial agreements.
Key points
- Luxxfolio will explore locking mined Litecoin into Greywick's reserve for 1:1 cLTC issuance.
- The cLTC token is built for the Canton Network using the CIP-56 standard.
- The partnership aims to enable institutional financing and yield workflows for corporate treasuries.
- Greywick Digital targets a mainnet launch for the cLTC initiative in late 2026.
Background
The Canton Network is a privacy-enabled, interoperable blockchain infrastructure designed specifically for institutional financial applications, allowing for controlled, permissioned transactions. Greywick Digital is an infrastructure firm focused on tokenizing established assets for this network, ensuring they meet the transparency and attestation requirements of regulated entities.