On Nov 4 TSV LLC supported the first trades of tokenized U.S. stock under the SEC Innovation Exemption, in CNTN shares of Canton Strategic Holdings, via a permissioned pool on Tradecraft with atomic settlement on Canton Network, per PRNewswire.

On Nov 4 TSV LLC supported the first trades of tokenized U.S. stock under the SEC Innovation Exemption, in CNTN shares of Canton Strategic Holdings, via a permissioned pool on Tradecraft with atomic settlement on Canton Network, per PRNewswire.

Seller was Five North, which moved shares from a brokerage account into blockchain shareholder registry; first purchases were by DRW Cumberland, with Flowdesk Liquidity Solutions LLC as liquidity provider as Covered Firm supplying tokenized CNTN to TSV AMM pools, per company posts and Flowdesk on X.

SEC-registered transfer agent Fairmint recorded tokenized shares as issuer-sponsored, keeps official onchain ownership record, allowlist of verified holders/wallets and transfer controls; token holders get same rights as Nasdaq CNTN holders; only verified holders can hold/trade.

Framework was SEC Innovation Exemption issued Sept 17 for tokenized NMS stocks in permissioned AMM pools; TSV notice Sept 23 was first Tokenized Securities Venue notice; CNTN agreement with TSV was Oct 29, so no 30-day objection process as issuer-sponsored.

Canton Strategic Holdings, Inc. (Nasdaq: CNTN, CIK 1861657, formerly Tharimmune/Hillstream) filed Oct 29 8-K items 7.01, 9.01 around the TSV agreement. Trade sizes/prices were not disclosed in sources seen.