Canton Strategic Holdings Plans Tokenized Shares With Same Rights as Nasdaq Stock

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Canton Strategic Holdings has agreed with TSV LLC to offer tokenized versions of its common shares on the Canton Network. Trading could begin as early as November 2, following notification to the SEC under the September 17 Innovation Exemption framework. The company said it would become the first publicly traded US company to offer tokenized shares under the new rules. Fairmint will issue the tokens through its SEC-registered onchain transfer agent subsidiary, and the tokenized shares will carry the same rights and privileges as Canton Strategic Holdings shares traded on Nasdaq. Institutional and retail investors will be able to trade 24/7 with atomic settlement, subject to compliance controls applied to each transfer.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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