Canton Strategic Holdings Moves to Tokenize Its Own Shares Under the SEC’s New Exemption

Canton Strategic Holdings (NASDAQ: CNTN) plans to put its own common stock onchain, with the company itself sponsoring the tokens. The Canton Network investor announced on Oct. 29 that it had agreed with TSV LLC , a permissioned venue for tokenized NMS stocks on Canton, to make its shares tradable there. It said trading is expected to start as early as Monday, Nov. 2 . The company said token holders would get the same rights as owners of CNTN shares on Nasdaq. The tokens would be created as issuer-sponsored stock by Fairmint , an SEC-registered transfer agent whose onchain ledger would be the official record of who owns them, with each transfer passing its compliance checks.

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