Canton to Launch CNTN Tokenized Stock Trading on November 2

Canton Strategic Holdings (CNTN) plans to launch trading of its common stock on its tokenized securities trading platform, TSV LLC, with an expected start date as early as November 2. The company has engaged Fairmint, an SEC-registered on-chain transfer agent, to issue tokenized stock and maintain official ownership records. TSV will operate under the SEC's five-year "Innovation Exemption" framework, providing around-the-clock trading and atomic settlement for approved participating institutions and retail investors through the Tradecraft protocol on Canton. This tokenization is initiated by the issuer and does not require the 30-day issuer notice and objection process applicable under third-party tokenization models, potentially allowing it to commence trading ahead of the joint platform OKXICE with OKX and the Intercontinental Exchange (ICE). Token holders will enjoy the same rights as investors holding CNTN stock through Nasdaq.

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