Canton Strategic Holdings, an investor in the Canton Network ecosystem, has completed the first trades of its tokenized common stock on TSV, a permissioned trading venue for tokenized securities. The trades took place on November 4 under the SEC’s Innovation Exemption introduced on September 17.
The transaction involved Five North, an existing shareholder of the company, DRW Cumberland, an institutional trading firm, and Flowdesk, a digital asset market-making company. Fairmint, an SEC-registered transfer agent, recorded the shares in tokenized form. The trades were executed through Tradecraft, an automated market maker protocol, and settled on the Canton Network.
