At a glance
Type: venue
Jurisdiction: United States (TSV Exemption)
Chain: Canton
Status: TSV notice v1.3 published 2026-10-29; not yet operating
Last updated: 2026-10-30
| Field | Value |
|---|---|
| name | TSV LLC |
| jurisdiction | United States (TSV Exemption) |
| product_name | Tokenized Securities Venue on Canton |
| structure | Permissioned concentrated-liquidity AMM (Tradecraft, Uniswap v3-style) |
| chains | Canton |
| who_can_buy | Approved Canton parties verified by the issuer’s transfer agent plus TSV LLC screening |
| num_assets | 1 named (CNTN) in notice v1.3 |
In plain English: TSV LLC is a planned onchain venue on Canton under the SEC’s Innovation Exemption. Its first stock is Canton Strategic Holdings, tokenized by the company’s own transfer agent.
TSV LLC (organized in Puerto Rico) filed the first TSV notice under the Innovation Exemption on 23 Sep 2026 (SEC, raw/117). Founders: Ali Abrar (CEO) and Ryan Trinkle (CNTN 8-K, raw/161).
How it works
- Permissioned AMM pools on Canton; at commencement a concentrated-liquidity, Uniswap v3-style design using Tradecraft software licensed from its affiliate Obsidian Software LLC. Only TSV LLC creates pools and sets their parameters (TSV LLC notice v1.3, raw/160).
- Paired assets at commencement: USDC (Circle) and SBC (Brale), as issued on Canton (TSV LLC notice v1.3).
- Settlement is atomic: both sides of a trade move together or neither does (CNTN 8-K).
- The issuer’s transfer agent verifies participants and keeps the register; TSV LLC adds its own screening. Neither TSV LLC nor any affiliate trades for its own account at commencement (TSV LLC notice v1.3).
- Service providers named: IntellectEU (Canton node hosting), AWS (cloud), Alpaca (market data, also used for the volume caps), Halborn (security audit of Tradecraft) (TSV LLC notice v1.3).
First stock: CNTN
Version 1.3 of the notice (29 Oct 2026) names tokenized Canton Strategic Holdings, Inc. (Nasdaq: CNTN) as the stock it will make available, with Fairmint TA LLC, an SEC-registered transfer agent, as transfer agent (TSV LLC notice v1.3, raw/160). Shares are tokenized only voluntarily, by the issuer’s transfer agent with the issuer’s authorization, so this is an issuer-sponsored token and the 30-day third-party objection process that has hit OKXICE TSV does not apply to it (TSV LLC notice v1.3).
CNTN’s press release (filed with its 8-K, 29 Oct 2026) says Fairmint will issue the tokenized shares, keep the official onchain ownership record and run compliance on every transfer; holders would get the same rights as holders of CNTN on Nasdaq; trading is expected “as early as Monday, November 2” (CNTN 8-K, raw/161). Fairmint TA LLC’s SEC transfer-agent file number is 084-06901 (CNTN 8-K). The notice itself still said on 29 Oct that operations had not commenced and no assets were available for trading (TSV LLC notice v1.3).
Notice versions
- v1.0, 23 Sep 2026: initial notice. v1.1, 19 Oct: affiliate, liquidity, verification, paired assets and other changes. v1.2, 23 Oct: ledger disclosures. v1.3, 29 Oct: names CNTN and Fairmint TA LLC (TSV LLC notice v1.3). Earlier text: raw/143 (v1.2).
What this means for holders
- Tokenized CNTN would be issued by the company’s own transfer agent, and the press release says it carries the same rights as Nasdaq-held shares (CNTN 8-K).
- Only approved, verified participants can trade, against USDC or SBC stablecoins (TSV LLC notice v1.3).
- As of 29 Oct 2026 nothing trades yet; the start date is the company’s expectation, not a confirmed launch (TSV LLC notice v1.3).
- Reference information only, not investment advice.
Sources
Public originals for the facts on this page.
- https://www.tokenizedstockvenue.com/notice.html
- https://www.sec.gov/Archives/edgar/data/1861657/000149315226049196/ex99-1.htm
- https://www.sec.gov/about/divisions-offices/division-trading-markets/innovation-exemption
Last checked 2026-10-30. Headline fields only; unknown means not yet verified from a source.