Why We're Making This Change
Institutional Infrastructure
Canton Network is purpose-built for institutional finance with configurable privacy, deterministic finality, and regulatory compliance built-in
First-Mover Advantage
As one of the first tradable assets on Canton Network, CBTC by BitSafe is pioneering institutional Bitcoin infrastructure in a rapidly growing ecosystem
Simplified Product Suite
Through CBTC and Vaults, BitSafe delivers interoperable, compliant Bitcoin solutions that strengthen the Canton Network’s institutional ecosystem.
What This Means for You
If You Hold iBTC
Option 1: Migrate to CBTC
Process:
Burn iBTC for BTC, then convert BTC 1:1 into CBTC on Canton
Benefits:
- Maintain full Bitcoin exposure
- Gain access to Canton Network’s privacy and compliance features
- Participate in a growing institutional ecosystem on Canton
Timeline:
Available starting [Coming soon]
Option 2: Redeem for Bitcoin
Process:
Burn iBTC, receive BTC 1:1
Timeline:
Available throughout the redemption period
If You Hold siBTC
Option 1: Migrate to BitSafe Vaults
Process:
Unstake siBTC, burn iBTC, receive BTC, convert to CBTC, deploy to Vaults
Benefits:
- Continue earning yield in CBTC or CC
- Access to transparent institutional strategies
- Canton Coin network rewards
Timeline:
Available starting [Coming soon]
Option 2: Redeem for Bitcoin
Process:
Unstake siBTC, burn iBTC, receive BTC 1:1
Timeline:
Available throughout redemption period
Accrued Rewards:
All pending rewards will be distributed before redemption
Migration Support
Migration Portal
Step-by-step migration tools
Coming soon
Documentation
Detailed migration guides & video tutorials
Coming soon
Frequently Asked Questions
Need Help with Your Migration?
Our team is here to support you every step of the way