History made onchain.
Shares of Nasdaq-listed @CantonStrategic (CNTN) have traded on @CantonNetwork through TSV, using the @tradecraftfi protocol.
Fairmint powered the tokenization, with our SEC-registered transfer agent maintaining the official shareholder register onchain.
A milestone that opens the door for more public companies to bring their shares onchain with Fairmint.
Read the full story and what it means for public companies ๐
https://t.co/VEmSV19oMQ
From incorporation to IPO, a company shouldn't have to rebuild its ownership records at every stage.
One register that grows with the company keeps the whole history intact.
Lots of plans on this list, one working model so far:
$CNTN trading on @CantonNetwork, with Fairmint keeping the official shareholder register onchain.
4 tokenized securities venues have now filed notices with the SEC.
Here is where each one stands:
TSV LLC: live since Nov 4 on @CantonNetwork, trading $CNTN through Tradecraft AMM, issuer-sponsored via @fairmint
OKXICE: can operate from Nov 3, @okx ร @ICE_Markets on @XLayerOfficial, 6 stocks in @Uniswap v4 pools
https://t.co/FazdLx6vvZ: can operate from Nov 13 on Kronos X, its own L2, with no stocks named yet
@formation_so: early 2027 on @solana with @orca_so, issuer-sponsored via @Securitize and @SuperstateInc.
Credit @HarryTran_RWA.
One Nasdaq-listed company has now brought its shares onchain, with Fairmint powering the tokenization and maintaining the official shareholder register.
Imagine more public companies following the same path.
That's what we're building toward at Fairmint ๐
Many apps already log users in with @privy_io.
Getting those same users onto @CantonNetwork has meant hand-built signing code, or letting a backend sign for them.
Our Canton Dev Fund proposal to fix that was just approved.
A public SDK is on the way ๐ ๏ธ
What actually changes when a transfer agent moves onchain?
The official shareholder register can live directly onchain, not just a token representing the shares.
When shares change hands, the ownership record can be updated onchain, while the transfer agent still enforces the company's transfer restrictions.
That means less reconciliation between disconnected systems for issuers, and a clearer link to the official ownership record for shareholders.
The transfer agent remains responsible for keeping everything accurate.
That's what we're bringing to private and public equity markets at Fairmint.
Listing on an exchange doesn't make every share sellable. Lockups and transfer restrictions still apply, which is why the official register matters long after the IPO.
just got on the list for @onchaindotfm ๐
it's a weekly newsletter on what's moving wall street onchain. tokenized stocks, transfer agents, canton, rwas, all the stuff that's quietly changing how tradfi works.
honestly that's exactly the corner of crypto i've been trying to keep up with, and it moves so fast it's hard to track on my own. one letter a week that sums it up sounds perfect.
live shows start jan 13 too. wall street is moving onchain, might as well tune in early.
https://t.co/C8lJKSxQGH
If you're running a public company and wondering what bringing your shares onchain could look like, $CNTN is now a real example.
Fairmint provided the tokenization and regulated transfer agent infrastructure behind it.
Who's next? ๐
Why am I so bullish @fairmint?
Bullish announced the acquisition of Equiniti.
Morgan Stanley announced the acquisition of Vinyl.
After years of optimizing for trading, recordkeeping didn't keep pace.
That's the market's biggest opportunity. The ones who bring recordkeeping and liquidity onto the same rail will win. Big.
I am bullish Transfer Agency.
I am bullish onchain Transfer Agency.
I am bullish onchain capital markets.
I am bullish Fairmint.
The full story is in The Wire #2 ๐
One record, onchain, that everyone works from.
Proud to be part of the @CantonNetwork story, alongside the people who built it.
Our part starts at 10:21 with the @CantonStrategic announcement ๐ค
The story of Canton and its role in the tokenisation of finance.
From Digital Assetโs early days to today, told through the voices of the people who helped build it.
i think @CantonNetwork's most interesting equity trade is what happens when real U.S. shares can trade outside market hours.
On Nov. 4, @FiveNorthHQmoved existing $CNTN shares from a broker-dealer account onto the issuerโs official shareholder register on Canton.
DRW Cumberland bought the shares through TSVโs @tradecraftfi pool, with liquidity from @flowdesk_co.
The shares and payment settled together and the buyer kept the same shareholder rights as holders of the Nasdaq-listed common stock.
Thatโs the proof i care about. The ownership record, trade, and settlement all worked on the same network.
Now i want to see whether that setup can support a market people actually use.
The first day saw five buys totaling $40,296, including a $10K buy after Nasdaqโs regular close.
The pool then went 6 full days without another trade.
Thatโs early evidence the venue works after hours.
Iโd need to see repeat volume and enough liquidity to absorb meaningful orders before drawing a conclusion about price discovery.
The Canton projects i'm watching on CT
โ @tradecraftfi - The live $CNTN pool. Its public trade feedlets me track off-hours fills, trade sizes, and pool liquidity.
โ @fairmint - The transfer agent behind $CNTNโs official onchain register. The catalyst is a second public issuer with no financial ties to Canton.
โ @temple_ny - The next venue i'm watching. Temple tapped tZERO to operate its planned tokenized securities platform. i'm watching for a launch date and the first names on its order book.
โ @edeldotfinance - Already issued SPYe, QQQe and NVDAe on Canton. These give holders economic exposure. Iโd use their secondary-market activity as a separate read on demand for equity exposure on Canton.
What would make me more bullish?
a second independent issuer and a weekend news event where an onchain pool handles meaningful size and its price holds up against Mondayโs Nasdaq open.
DYOR.
@Defi_Rocketeer@CantonNetwork thanks for the shoutout ๐ค the onchain register is the part people don't see, but it's what makes every one of those trades count!
just getting started ๐
@6days1week fair if there's a TA in the picture! but many private companies don't have one, so it's finance, legal and the cap table spreadsheet all trying to agree ๐คทโโ๏ธ
Question for founders and finance teams:
when shares change hands at your company, how many separate records need updating before everyone agrees on who owns what?
Why is Morgan Stanley buying a transfer agent? ๐
That's one of five stories in The Wire #2, plus @Joris_DLN's edito on why tokenization "arrived as a trade".
Grab a coffee and read it here ๐ https://t.co/fOL1OmsTH0