Litecoin Is Coming to Canton: Greywick Announces cLTC With Litecoin Foundation Support
Litecoin, one of crypto’s longest-running blockchains is getting a wrapped version on the Canton Network with support from the Litecoin Foundation.
The organizations have signed a Memorandum of Understanding recognizing cLTC as the version of Litecoin on Canton that the Foundation will support for institutional trading, yield-bearing products, and other institutional applications.
This will connect Litecoin to some of the biggest names in finance. including DTCC, Goldman Sachs, BNP Paribas, Circle, BNY Mellon, and other major institutions working on blockchain-based financial infrastructure.
Canton has already enabled transactions involving tokenized U.S. Treasuries, digital cash, and wrapped Bitcoin.
For Litecoin, giving institutions access puts it more integral to the platforms where institutions trade, finance positions, and move collateral.
Greywick expects cLTC to go live by the end of 2026, with work already underway on a live testnet.
Today’s announcement opens another avenue for Litecoin: access to an institutional network through a product supported by the Litecoin Foundation, with the potential to expand how LTC is used in financial markets.
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