BitSafe Opens the Public Beta of Decentralization Manager, Backed by a Canton Foundation Grant
The open-source framework lets Canton apps spread control across several independent operators. BitSafe, the team behind CBTC, says Bitcoin on Canton is its first live use case.
BitSafe, the team that brought Bitcoin to Canton as CBTC, opened the public beta of Decentralization Manager on 28 July 2026, according to a company press release distributed through Chainwire. It describes the product as an open-source framework that lets apps and institutions build products whose control is shared across several independent operators.
BitSafe says the work is backed by a Canton Foundation Development Fund grant of more than $1 million and that the code was independently audited by Quantstamp.
What it does
BitSafe's argument is that every team building on Canton has so far had to build its own threshold custody, governance and audit tooling. Decentralization Manager is meant to make those parts reusable. It ships with frameworks for token issuance and custody, and BitSafe says it supports:
- Token issuance for Canton-native tokens, from wrapped crypto assets to stablecoins and real-world assets.
- Custody and multi-signature wallets under shared, multi-party control.
- Tokenized securities governed under distributed control.
- DEXs, lending and structured products for institutions.
Who uses it
CBTC is the first live use case, according to BitSafe, which says CBTC has processed more than 10 million transactions and that the node operators behind it earn a share of Canton fees. The framework is meant to extend that model: app builders get a route to node operators, and operators earn a share of fees in return.
The release names Palladium Labs, which builds the Alpend credit platform, as the first announced builder, using it for multi-party authorisation of protocol operations. CBTC attestors Nethermind, DSRV and Finoa Consensus Services have also implemented it. Canton Foundation head Viv Diwakar welcomed the open-sourcing in the release.
The public beta is open on the Canton Foundation's GitHub, and BitSafe says a further grant application is underway. Builders can ask BitSafe to match them with node operators, and issuers can hire it for tokenization work.
Why it matters
Partners quoted in the release described apps that run on a single validator as having a single point of failure. A shared, audited framework for spreading control across operators could make multi-party setups easier to adopt, and it is a piece of core infrastructure financed through the Foundation's Development Fund. The figures above are BitSafe's own.
Follow CBTC on CantonCap.
Sources
