Regulation· ★★★· bullish·

TSV on Canton tokenizes Nasdaq-listed CNTN shares, aiming to beat OKX-ICE to first trade

  • —CNTN shares will trade on TSV as tokens carrying the same rights as Nasdaq shareholders
  • —Issuer-led listing avoids the 30-day notice and objection period for third parties
  • —TSV published its platform notice on Sept. 23, ahead of OKX-ICE on Oct. 4
  • —Trading is planned 24/7 via the Tradecraft protocol with Fairmint as transfer agent
Why it matters: The race to execute the first tokenized-equity trade under the SEC's framework will shape who sets the standard for on-chain stock trading.
Source: Koin Bülteni