BitSafe (CBTC)

BitSafe is a decentralized infrastructure platform on the Canton Network that issues CBTC, a 1:1 Bitcoin-backed token secured by FROST threshold signatures and a decentralized network of institutional-grade Attestor nodes. It provides institutional trading desks, prop trading firms, and DeFi builders with private, MEV-free Bitcoin on Canton for margin flows, collateralized lending, cross-venue trading, and vault deployment — eliminating single points of failure through distributed trust.

CBTC holders and traders can earn yield through two main layers.

1. Canton Network rewards (Canton Coin / CC)

Every legitimate CBTC transaction earns CC rewards on top of any trading profit or loss. This includes:

• Market-making trades, arbitrage, and inventory rebalancing
• Spot trades and basis trades (CBTC vs BTC)
• Lending and providing liquidity

There is no minimum trade size. Certain venues, like Temple Digital CLOB, offer a 40% bonus on top of standard CBTC rewards.

2. DeFi activity on Canton

Users can earn yield through:

• Providing liquidity on automated market makers (AMMs) like TradeCraft
• Lending through collateralized lending protocols
• Over-the-counter (OTC) derivatives with 2–4 hour margin cycles
• Basis trading between CBTC and BTC across Canton and other venues

Important rules and notes

• All yield-generating activity must involve real economic risk. Scripted back-and-forth transfers meant only to farm rewards are flagged and shut down.
• BitSafe does not charge a protocol-level fee for minting or burning CBTC.
• BitSafe also offers a Vaults product, where third parties can launch custom vaults on BitSafe's infrastructure and set their own fee structures.
• Per official disclosures, yields are targets and not guaranteed. Canton Coin rewards depend on tokenomics and market conditions.

BitSafe (CBTC) lists a wide array of investors and backers on its official Ecosystem page (https://ibtc.network/ecosystem), categorized as "Investors." No specific funding rounds, amounts, or dates are disclosed on any publicly accessible page (main site, blog, docs, or ecosystem page). The backers named include: ABCDE (Web3/blockchain VC), Allan Matheson / Golden Pear Capital, Animoca Ventures, Charlie Songhurst (Bitcoin whale/tech investor), Comma3 Ventures, Contribution Capital, Cryptogram Ventures (CGV, Japan), DVchain, Despread.io (South Korea-based VC/accelerator), Foresight Ventures, Gossamer Ventures, HLT Financial Investments, Hailstone Labs, Liberty City Ventures, Michael Jin (OP Crypto), Mr. Block (Curve/DeFi angel), North Investments, OKX Ventures (investment arm of OKX exchange), Proof Group, Round13, SBX Capital, Saeed Al-Zaabi (angel investor), Texture Capital, Waterdrip Capital, and Web3.com Ventures. No round labels (Seed, Series A, etc.) or investment amounts are provided.