We Bring Equity Onchain
New York
Joined October 2018
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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 👇
fairmint.com/blog/fairmint-b…
A cap table is only as useful as the systems that can read it.
OCF gives equity data one shared format, so a share class or vesting schedule means the same thing wherever it goes.
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$4B is just the warm-up.
next comes public companies bringing their own shares onchain.
we already do it for $CNTN as its transfer agent 🫡
Tokenized stocks supply has surpassed $4 BILLION, reaching a new all-time high in November.
@BNBCHAIN leads the market with approximately $1.82 BILLION in tokenized stock supply, accounting for around 45% of the total, according to @CryptoRank_io.
@ethereum and @solana follow, with other networks including @avax, @arbitrum, X Layer and Base also contributing to the growing market.
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Same rights as $CNTN on Nasdaq, because it's the same share on the same official register 🤝
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great breakdown from @canton_loop 🤝
step 2 is ours: recording $CNTN shares as issuer-sponsored, so the holder in the wallet is the holder on the register.
How does a Nasdaq listed share end up in a Loop Wallet?
1. @FiveNorthHQ held $CNTN in a broker account
2. @fairmint , the transfer agent, recorded the shares as issuer-sponsored tokens
3. The tokens landed in a verified Loop Wallet
4. Ownership now sits on the issuer's own onchain register
No wrapper. No IOU. The token is the share.
We broke down what this first trade under the SEC's Innovation Exemption means for Loop, and why, for verified holders, regulated assets on @CantonNetwork should be as easy to hold as any other token:
👉 looptech.io/news/the-first-t…
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.
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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 × @ICE_Markets on @XLayerOfficial, 6 stocks in @Uniswap v4 pools
Perpetuals.com: 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.
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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 🛠️
An onchain register only helps if it's the official one. Keep a separate offchain source of truth and you've added a second record to reconcile.
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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 🤝
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?
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“It's vital to start bringing recordkeeping and liquidity on the same rail.”
Our CEO @Joris_DLN builds on a point from @MarkWendlandCSH, CEO of @CantonStrategic, about why connecting trading venues to a shared shareholder register matters.
Less fragmentation, more connected equity markets.
A shareholder register doesn't become less official because it's kept onchain.
That's a central point in our comment letter to the SEC on its proposed transfer agent rules 👇
fairmint.com/blog/our-commen…
Not every tokenized stock represents direct ownership of the underlying shares.
Some represent custodial entitlements. Others provide economic exposure through structured products.
Fairmint starts from the issuer's side: the official shareholder register itself is kept onchain.
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Same $0.27, eight different outcomes.
The only path where holders are paid like any registered shareholder, votes included, is when the issuer puts its own shares onchain.
That's the path Fairmint is building for.
Apple pays a $0.27 dividend this week.
Two things are already certain.
> 98.6% of tokenized Apple holders will never receive the dividend as cash.
> Holders are owed about $27.1K this week and roughly $8.1K goes to US tax before anyone of them sees a cent.
When Apple pays the dividend, what lands in your account depends on how you hold Apple.
Offchain.
- Broker’s account: you get cash.
- Broker’s DRIP: the cash buys you a slice more Apple.
- Direct registration: Computershare pays you directly, because your name is on Apple's register.
- CFD: a cash adjustment from your broker, paid by short sellers.
Onchain.
- @xStocksFi, @bstocksfinance, @RobinhoodApp, @coinbase: you get more tokens, but never cash.
- @Ondo: no new tokens, the token itself becomes worth more than one Apple share.
- @DinariGlobal, @RealityFi_xyz, @Backpack: stablecoins or cash.
- @SuperstateInc, @Securitize, @fairmint: paid like any registered shareholder, votes included. But Apple hasn't tokenized its own shares.
Same $0.27, eight different outcomes.
The infographic explains it better.
For an issuer, a transfer isn't finished until the register says so.
On @CantonNetwork, the payment and that register update can commit together, so ownership never lags the money.
