Greywick Digital to Deploy cLTC on Canton Network
Greywick Digital has signed a Memorandum of Understanding with the Litecoin Foundation to introduce cLTC, a tokenized version of Litecoin, onto the Canton Network. This initiative aims to bridge the gap between the decentralized Litecoin ecosystem and institutional financial infrastructure by enabling yield-bearing and trading capabilities within a regulated environment. The Canton Network, which counts major institutions like Goldman Sachs, BNY Mellon, and the DTCC among its participants, provides the privacy and compliance framework necessary for such integration. By leveraging Greywick Digital’s asset-agnostic platform, cLTC will utilize public reserves and independent attestations to ensure transparency for institutional users. This development marks a significant shift for Litecoin, which has historically operated as a decentralized commodity without direct integration into traditional institutional settlement rails. The project is currently in the live testnet phase, with a full launch expected by the end of 2026. This move is strategically important as it allows one of the industry's longest-running assets to participate in the growing RWA market, potentially increasing its utility and adoption among global financial entities.