Canton Strategic Holdings announced plans to tokenize its common shares on the Canton Network, with trading expected to begin as soon as Nov. 2. The shares would carry the same rights as its Nasdaq-listed stock, but trading has not yet begun.
The company said it is working with tokenized-securities venue TSV LLC and transfer agent Fairmint. Trading would run around the clock, with immediate settlement on the network; Fairmint would maintain ownership records and oversee compliance with share-transfer requirements. The companies said a September SEC innovation exemption provides a regulatory path for tokenized US stocks to trade on domestic platforms.