what's BitSafe?
BitSafe is a platform designed for institutional investors to generate yield on Bitcoin holdings beyond simple accumulation. It offers a suite of products including iBTC (institutional Bitcoin token), siBTC (staked iBTC), CBTC (confidential Bitcoin token), and BitSafe Vaults, which provide access to decentralized finance (DeFi) protocols, private settlement layers, privacy networks, and curated hedge fund strategies. The platform emphasizes institutional-grade custody, explicit risk disclosures, and integration with robust blockchain infrastructure to ensure security and compliance. Formerly known as dlcBTC, BitSafe bridges traditional finance (TradFi) and DeFi by leveraging Ethereum-grade tools for privacy-first Bitcoin applications. It operates on networks like Canton Network, enabling tokenized assets, smart contracts, and sustainable yield generation while addressing counterparty risks through advanced custody and oracle solutions. This infrastructure supports selective privacy and efficient on-chain markets for real-world assets.
BitSafe's $CBTC (wrapped Bitcoin on Canton) passed Quantstamp audit with no high-severity issues.
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Completed security audit by Quantstamp for $CBTC (1:1 wrapped Bitcoin token on Canton Network) with no high-severity issues found.