Brentwood, TN, 01 October 2026. Greywick Digital, an asset agnostic network, has signed a Memorandum of Understanding with the Litecoin Foundation, a non-profit 501c3 organization created to advance the adoption, awareness, and education of Litecoin globally.
The MoU recognizes the creation of cLTC, by Greywick Digital, as the version of Litecoin on Canton that the Litecoin Foundation will support for institutional trading, yield bearing, and other institutional-grade vehicles used within the Canton network.
Greywick Digital’s cLTC will go live once the reserve addresses, attestation format, and launch sequence are officially published, which is already being worked on via live testnet.
What Litecoin brings to Canton
Since 2011, Litecoin has processed over 417 million transactions without interruption. With more than 77 million of its 84 million hard-capped supply currently in circulation and trading on deep spot markets and continues to thrive as the world’s “digital silver”. Litecoin has been recognized as a commodity, in the US, by both the SEC and the CFTC. Furthermore, it is recognized as MiCA compliant within the EU and supported by a dedicated spot Exchange-Traded Fund (ETF) on the Nasdaq and publicly traded Digital Asset Treasuries (DAT) in the United States and Canada.
Through Greywick Digital’s cLTC, Litecoin will be able to be used within institutional settlement infrastructure in partnership with organizations such as DTCC, Goldman Sachs, Circle, BNY Mellon, and many others.
“Most institutions like to work within an environment they are comfortable with, but also most likely will have a vested interest in using through validation and infrastructural exposure at the investment level. Canton is that place for some of the biggest names across the globe. So supporting Greywick Digital in bringing Litecoin to that type of platform and for that type of market makes sense, and we’re happy to support that in any way we’re able to do 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 it, then this is a good way to do that.”
What’s coming
Litecoin in the form of cLTC is expected to be live on the Canton network by the end of 2026. Having processed trillions of dollars of transactions globally, and a history of 100 percent uptime, Litecoin is one of the few legitimate cryptocurrencies in this industry that just works. What it has never had though due to its fully decentralized nature, is a seat at the table where regulated institutions actually move money. cLTC on Canton is that seat.
About Greywick Digital
Greywick Digital brings established assets onto the Canton Network, the settlement network used by regulated financial institutions, with public reserves and continuous independent attestation. The platform is asset agnostic, and its first issuance is cLTC, Litecoin on Canton Network.
Visit greywick.digital for more information. For media inquiries, please contact info@greywick.digital.
About Litecoin Foundation
The Litecoin Foundation is a non-profit organisation registered in Singapore, with a complementary 501(c)(3) entity in the United States, dedicated to advancing Litecoin for the good of society. It supports the development, promotion and standardisation of the Litecoin network, funds core engineering work, and backs projects building on Litecoin. Learn more at litecoin.com.
About Canton
Canton is the only public, permissionless blockchain purpose-built for institutional finance–uniquely combining privacy, compliance, and scalability. With participation from leading global financial institutions and network governance independently facilitated by the Canton Foundation, Canton enables real-time, secure synchronization and settlement across multiple asset classes on a shared, interoperable infrastructure. The open-sourced network is powered by its native token, Canton Coin, and supports decentralized governance and collaborative application development. It’s the proven link between the promise of blockchain and the power of global finance, making finance flow the way it should.
Learn more at canton.network.