Canton’s Decentralized App Layer Launches, Backed by $1M+ Foundation Grant

New York, United States, July 28th, 2026, Chainwire BitSafe has released infrastructure for builders launching decentralized financial applications on Canton Network.

Backed by a Canton Foundation Development Fund grant of over $1 million (8,500,000 $CC), BitSafe today opened the public beta of Decentralization Manager, an open-sourced framework allowing apps and institutions to build resilient products that distribute control across multiple independent operators.

Canton Network has become critical infrastructure for institutions bringing real capital and operations on-chain.

Meeting institutional application standards requires audit trails and distributed trust, but until now every team building on Canton has had to build threshold custody, governance, and audit infrastructure from scratch.