On November 4, Eastern Time, tokenized common stock of Nasdaq-listed Canton Strategic Holdings completed its first trading on TSV LLC, a tokenized securities trading platform on the Canton Network. This marks the first tokenized U.S. stock transactions under the innovation exemption framework introduced by the U.S. SEC on September 17.
In this transaction, Five North acted as the seller, DRW Cumberland as the buyer, and Flowdesk provided liquidity. The transaction was conducted through a permissioned pool of the Tradecraft AMM protocol and atomically settled on the Canton network. Tokenized stock holders enjoy the same rights as shareholders holding shares through Nasdaq. (Source: Canton Strategic Holdings)
