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Fairmint enables contributors to receive tokenized equity in exchange for their time or money invested. Developed by founders for founders, Fairmint's technology utilizes blockchain and smart contracts to make equity programmable. Fairmint is the Web3 layer of the modern startup stack, enabling involvement in the ownership economy.
To achieve all-weather trading and atomic settlement, Canton will launch tokenized common stock
Canton Strategic Holdings has announced an agreement with tokenized securities trading platform TSV LLC to launch a tokenized version of common stock on Canton Network, and has engaged SEC-registered transfer agent Fairmint to handle token issuance and on-chain equity registration. Token holders will enjoy the same shareholder rights as holders of Nasdaq-listed common stock; the relevant shares are intended to achieve all-weather trading and instant atomic settlement through the automated market maker mechanism of the Tradecraft protocol, targeting both institutional and retail investors who pass identity verification.
SEC Plans to Update Transfer Agent Rules, Incorporating Blockchain into Securities Regulatory Framework
As reported by CoinDesk, on September 1, the U.S. Securities and Exchange Commission (SEC) proposed the first major update to transfer agent rules since the 1970s, with Chairman Paul Atkins explicitly stating that the rules should cover the application of blockchain technology in securities issuance and share transfers. In an article, Fairmint co-founder Joris Delanoue noted that if ownership data is distributed across token wrapping layers, SPVs, broker-dealer internal ledgers, and off-chain databases, it would replicate the history of the late 1960s "paper crisis." He emphasized that tokens themselves should function as the official ledger mandated by Section 17A of the Securities Exchange Act, rather than serving as wrappers for off-chain securities. The article calls on the industry to consolidate ownership data around unified open standards and recommends that the SEC distinguish between on-chain native registration and third-party wrapping models in Form TA-2, permit the use of cryptographic credentials and other modern identity identifiers, and integrate smart contract pre-trade restrictions into compliance enforcement mechanisms.
Related news
The first tokenized stock trade has been completed, with TSV LLC becoming the first TSV to complete a transaction
Odaily reports: A Fox Business crypto journalist posted on X that TSV LLC has completed the first tokenized stock trade, becoming the first TSV to complete such a transaction. According to the press release, Five North, through a trading venue operated by TSV LLC and utilizing the Tradecraft protocol on Canton, sold tokenized shares of Nasdaq-listed company Canton Strategic Holdings to DRW Cumberland; Flowdesk provided liquidity, and Fairmint served as the share transfer agent.
To achieve all-weather trading and atomic settlement, Canton will launch tokenized common stock
Canton Strategic Holdings has announced an agreement with tokenized securities trading platform TSV LLC to launch a tokenized version of common stock on Canton Network, and has engaged SEC-registered transfer agent Fairmint to handle token issuance and on-chain equity registration. Token holders will enjoy the same shareholder rights as holders of Nasdaq-listed common stock; the relevant shares are intended to achieve all-weather trading and instant atomic settlement through the automated market maker mechanism of the Tradecraft protocol, targeting both institutional and retail investors who pass identity verification.
SEC Plans to Update Transfer Agent Rules, Incorporating Blockchain into Securities Regulatory Framework
As reported by CoinDesk, on September 1, the U.S. Securities and Exchange Commission (SEC) proposed the first major update to transfer agent rules since the 1970s, with Chairman Paul Atkins explicitly stating that the rules should cover the application of blockchain technology in securities issuance and share transfers. In an article, Fairmint co-founder Joris Delanoue noted that if ownership data is distributed across token wrapping layers, SPVs, broker-dealer internal ledgers, and off-chain databases, it would replicate the history of the late 1960s "paper crisis." He emphasized that tokens themselves should function as the official ledger mandated by Section 17A of the Securities Exchange Act, rather than serving as wrappers for off-chain securities. The article calls on the industry to consolidate ownership data around unified open standards and recommends that the SEC distinguish between on-chain native registration and third-party wrapping models in Form TA-2, permit the use of cryptographic credentials and other modern identity identifiers, and integrate smart contract pre-trade restrictions into compliance enforcement mechanisms.