First tokenized US stocks complete trading on Canton Network
On November 4, Eastern Time, the tokenized common stock of Nasdaq-listed company Canton Strategic Holdings completed its first trades on TSV LLC, a platform on the Canton network. The company said this was the first batch of tokenized U.S. stock trades under the SEC's September 17 innovation exemption framework. Five North was the seller, DRW Cumberland was the buyer, and Flowdesk provided liquidity.
Event timeline
- [11-04 21:55] The Canton network completed the first batch of tokenized U.S. stock trades under the SEC innovation exemption framework (PANews)
- [11-04 21:56] The first batch of tokenized U.S. stock trades was completed, with the Canton network carrying out trades under the SEC innovation exemption framework (Odaily Planet Daily)
Background and impact
On November 4, Eastern Time, the issuer-backed tokenized common stock of Nasdaq-listed company Canton Strategic Holdings (CNTN) completed its first trades on TSV LLC, a tokenized securities trading platform on the Canton network. The company said this was the first batch of tokenized U.S. stock trades under the innovation exemption framework launched by the U.S. SEC on September 17. PANews and Odaily Planet Daily reported the matter at 21:55 and 21:56 on November 4, 2026, respectively. The two sources are consistent in their statements on the trading time, participants, and trading mechanism; PANews described the news date as November 5 in its title and body, while Odaily described it as November 4. This is a difference in publication-time labeling;