# TSV LLC Completes Its First Tokenized Stock Trade Under SEC Exemption

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/49585
Published: 2026-11-05T22:02:05.000Z
Updated: 2026-11-05T22:02:05.000Z
Section: Investing

> The sale involved Nasdaq-listed Canton Strategic Holdings and buyer DRW Cumberland, with Tradecraft, Flowdesk and Fairmint supporting the transaction.

TSV LLC completed its first tokenized stock trade under the SEC’s innovation exemption, marking a live milestone for onchain U.S. equities.

The sale took place on a venue operated by Five North through TSV LLC, using the Tradecraft protocol on Canton. The venue sold tokenized shares of Nasdaq-listed Canton Strategic Holdings to DRW Cumberland.

Flowdesk provided liquidity for the transaction, while Fairmint served as the shares’ transfer agent. The deal brought a venue operator, trading protocol, liquidity provider and transfer agent together around one sale.

TSV LLC was the first TSV to complete a transaction of this kind. DRW Cumberland was the buyer, and Canton Strategic Holdings was the Nasdaq-listed issuer represented by the tokenized shares.

The trade marks a live milestone for onchain U.S. equities: shares of a Nasdaq-listed company changed hands through the venue, with the participants’ operational roles identified.