Bitwise Europe listed an exchange-traded product (ETP) linked to Canton Network’s native token CC on Deutsche Boerse’s Xetra in Germany.

CoinPost, a blockchain media outlet, reported on May 27 local time that the product is called the "Bitwise Canton ETP" and its ticker is BWCC.

The product tracks Kaiko’s "CANTO Reference Rate LDNLF" index. Its total annual fee is 0.85 percent. The CC tokens are held by the issuer, Bitwise Europe GmbH, and kept in cold storage as 100 percent collateral. It can be traded through a standard securities account, so a crypto wallet is not required.

The listing is drawing attention as institutional investor access routes around the Canton Network broaden. The Canton Network is a privacy-focused institutional layer 1 blockchain developed with participation from Goldman Sachs, BNP Paribas, Deutsche Boerse and Broadridge. Unlike structures where all transaction details are disclosed, such as Bitcoin or Ethereum, it is designed so each participant can view and verify only transaction data related to itself. Its structure is tailored to financial institutions’ confidentiality and compliance requirements.

Bradley Duke (브래들리 듀크), Bitwise’s head of Europe and managing director, said the Canton Network is a blockchain platform designed to target global financial markets. He said the network has privacy, interoperability and programmability so it can meet compliance requirements for institutional investors.

Institutional participation is also continuing. Visa announced on May 25 that it would join as a super-validator, the first among major payment companies. As a result, Visa will secure authority over core network infrastructure management and governance voting rights. Mizuho Financial Group has also said it would begin a proof-of-concept experiment in April on digital collateral management using Japanese government bonds together with four companies including Nomura Holdings.

A similar trend is also emerging in the listed products market. 21Shares listed a spot exchange-traded fund (ETF) linked to the CC token, the "21Shares Canton Network ETF", on the U.S. Nasdaq this month. Canton Network-related investment products are being supplied one after another in the United States and Europe.

Canton Network operator Digital Asset Holdings is also pushing to raise funds. Bloomberg reported that the company is seeking to raise $300 million based on a corporate valuation of about $2 billion, with a16z crypto leading the round. The process is expected to be completed within a few weeks.

The Canton Network is increasing both participating institutions and investment products by emphasizing privacy and regulatory-response structures tailored to institutional financial infrastructure. This makes how quickly CC token-linked products spread in the European and U.S. markets the next point to watch.

We're pleased to announce that the Bitwise Canton ETP (Ticker: BWCC) is now trading on Deutsche Börse Xetra. BWCC is a new addition to Bitwise's European ETP suite, joining our existing range of exchange-traded products referencing BTC, ETH, SOL and other digital assets. pic.twitter.com/Cs1fQbraFw