Canton Opened a New Chapter For Stocks Under SEC Rules
Canton (
@CantonNetwork) $CC Strategic Holdings has completed the first tokenized US stock trade under the SEC's Innovation Exemption.
Five North sold approximately 14,461 CNTN shares to DRW Cumberland. Flowdesk facilitated the transaction through a Tradecraft automated market maker pool.
The trade was worth roughly $30,296, at about $2.08 per share.
Fairmint handled issuance and maintains the official onchain ownership register.
The tokenized shares carry the same economic and voting rights as Nasdaq-listed CNTN shares.