Five Buys, Zero Sells: Inside Cantons’s Onchain Debut

35 minutes ago 4

Rommie Analytics

Key Takeaways

  • Five purchases totaled $40,296 on November 4.
  • Per-share prices climbed from $2.08 to $2.37.
  • No holder sold shares into the pool.
  • TSV is not subject to Regulation NMS.

According to the company’s November 4 announcement, Five North sold existing CNTN common stock, DRW Cumberland bought it and Flowdesk supplied liquidity on TSV LLC, a venue for tokenized U.S. stocks on the Canton Network that only approved participants can use.

The issuer is listed on Nasdaq and was called Tharimmune until February. It holds a Canton Coin treasury and operates as a Super Validator, one of the node operators that help secure the Canton Network, a blockchain built for financial institutions that discloses transaction details only to the parties entitled to see them. Despite the shared name, the company states that it has no affiliation with Digital Asset, which owns the Canton trademark.

Five Pur...

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