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Bithumb Adds Canton Network (CC) to KRW Trading Market

Canton Network logo over a KRW trading dashboard with institutional figures, illustrating fiat on-ramp to tokenized assets.

South Korea’s Bithumb exchange has officially added Canton Network’s native token (CC) to its Korean won (KRW) trading market. According to the exchange’s market notice, CC deposits opened within two hours of the announcement and trading is scheduled to begin at 14:00 KST on June 23. The listing establishes a regulated fiat on-ramp for the asset in one of Asia’s most active retail crypto venues.

Canton Network operates as a privacy-enabled blockchain developed by Digital Asset specifically for the issuance, trading and settlement of real-world assets. The network’s initial design and testing phase has included institutional market infrastructure participants such as DTCC, Goldman Sachs and Citadel

Securities, alongside investors including BNP Paribas and Tradeweb. Digital Asset separately closed a $355 million funding round earlier this year and has run limited settlement trials with Visa and stablecoin issuer Brale, while Mastercard previously included the network in a card-settlement expansion pilot.

The Bithumb listing shifts Canton Coin into a retail-facing South Korean order book, where localized won pairs frequently concentrate liquidity for new digital assets. According to secondary market coverage following the notice, CC traded near $0.1544 with an approximate $6 billion fully diluted market capitalization, reflecting modest 24-hour movement.

Initial trading volume, exchange custody arrangements and whether institutional network participants intend to engage with the public market remain unconfirmed. The exchange notice outlines market access rather than signaling direct operational integration between retail users and Canton Network’s enterprise settlement layer.

The KRW pair is expected to go live on June 23, pending standard deposit confirmation and market stability checks. Further details regarding liquidity depth, custody infrastructure and post-launch volume will depend on exchange reporting and network updates. Available sources do not yet specify whether institutional backing translates to direct enterprise usage on the retail pair.