BitGo has announced the expansion of its custody services to include CIP-56 token standard assets on the Canton Network, offering compliant custody for USDCx and cBTC. The CIP-56 standard, akin to Ethereum's ERC-20, is tailored for regulated financial markets, incorporating privacy-preserving transactions, native Delivery versus Payment (DvP) settlement, and embedded KYC/AML mechanisms. This move enhances BitGo's infrastructure capabilities, aligning with the Canton Network's focus on secure and compliant digital asset transactions.