cLTC Litecoin on Canton
Litecoin on Canton,
enterprise-focused
privacy and liquidity.
Litecoin, issued on Canton by Greywick Digital,
with the endorsement of the Litecoin Foundation.
24/7 liquidity without selling the underlying asset.
Each cLTC corresponds to one Litecoin locked in the reserve.
- Underlying
- Litecoin (LTC)
- Network
- Canton, under the CIP-56 token standard
- Issuer
- Greywick Digital
- Endorsed by
- Litecoin Foundation
- Reserve
- Multi signature, no one can move it alone
- Attestation
- Independent, continuous, on published addresses
- Supply
- Cannot exceed what the attested reserve shows
- Transfers
- Credentialled holders only
- Reserve cap
- Graduated, raised only after clean operating days
Institutional-grade privacy for every cLTC transaction.
cLTC is for treasury companies, funds, and desks that do not want to sell.
Confidential transactions
A transaction is visible to the parties in it, not to the whole network, while the reserve itself stays public for anyone to check.
Collateral at any hour
cLTC can be posted as collateral or borrowed against at any hour, so a treasury move does not wait for Monday or start with a sale.
Atomic settlement
cLTC and the cash move together or not at all, and a settled trade is final within seconds.
The Litecoin Foundation endorses cLTC.
“Canton is that place for some of the biggest names across the globe. So supporting Greywick Digital in bringing Litecoin onto that type of platform for long enduring exposure to that type of market makes sense, and we’re happy to support that in any way we’re able to do that as a non-profit.
Litecoin is for everyone, and if this helps get Litecoin in front of institutions who may not use other avenues to access, then this is a good way to do that.”
Common questions.
Why does the endorsement matter?
It settles which version of Litecoin on Canton is the real one. Networks that skipped this step ended up with three versions of the same asset and no way to choose between them, and it is not a problem that can be fixed afterwards.
Why Canton, and not a general purpose chain?
Tokenizing Litecoin (LTC) on the Canton Network offers distinct institutional and structural advantages. Litecoin is known for its speed and low payment fees, but it lacks a robust built in smart contract layer for complex asset management. Moving it onto Canton bridges that gap by adding institutional grade features.
Wrapped Litecoin has been tried before. Why is this different?
Built for institutional efficiency, cLTC brings enterprise focused, institutional grade configurable privacy, atomic settlement with no counterparty risk, and liquidity that never closes for a long bank holiday weekend.
How is the reserve checked?
We publish how every reserve address is derived, not only a list of them. A third party running their own Litecoin node can enumerate and sum the reserve without our cooperation.
Who issues cLTC?
Greywick Digital, a single purpose issuer of tokenized assets on Canton. More about the company.