Canton Strategic plans to launch tokenized stock trading on November 2

Canton Strategic Holdings, a Nasdaq-listed company, announced plans to tokenize its common stock on the Canton Network, with trading set to begin as early as November 2. The company, formerly a biotechnology firm Tharimmune, is collaborating with the tokenized securities trading venue TSV LLC and the transfer agent Fairmint, registered with the U.S. Securities and Exchange Commission (SEC), to put its shares on the blockchain. The tokenized stock will enjoy the same shareholder rights as Nasdaq-listed stocks.

The stock ticker is CNTN, and according to Yahoo Finance data, its average daily trading volume is approximately 757,704 shares, with the latest stock price around $2.13, up over 4.5% on the day, giving it a market capitalization of about $170 million. The tokenized stock will be traded around the clock through automated market makers and will settle instantly on the Canton Network, with Fairmint responsible for maintaining ownership records and overseeing compliance with share transfer requirements.

This plan follows the SEC's introduction of an innovative exemption mechanism in September, which related companies claim provides a regulatory pathway for trading tokenized U.S. stocks on domestic platforms. Canton Strategic Holdings transitioned into the digital asset space in November 2025, raising $545 million to develop its business around Canton Coin, and rebranded in February of this year. It currently holds the token, participates in the operation of the Canton Network, and invests in ecological projects. The company is not the developer of the Canton Network, Digital Asset, but has connections through investments and participation in network governance with the Canton Foundation.