thibauld retweeted
Why am I so bullish @fairmint?
Bullish announced the acquisition of Equiniti.
Morgan Stanley announced the acquisition of Vinyl.
After years of optimizing for trading, recordkeeping didn't keep pace.
That's the market's biggest opportunity. The ones who bring recordkeeping and liquidity onto the same rail will win. Big.
I am bullish Transfer Agency.
I am bullish onchain Transfer Agency.
I am bullish onchain capital markets.
I am bullish Fairmint.
The full story is in The Wire #2 👇
Bullish announced the acquisition of Equiniti.
Morgan Stanley announced the acquisition of Vinyl.
After years of optimizing for trading, recordkeeping didn't keep pace.
That's the market's biggest opportunity. The ones who bring recordkeeping and liquidity onto the same rail will win. Big.
I am bullish Transfer Agency.
I am bullish onchain Transfer Agency.
I am bullish onchain capital markets.
I am bullish Fairmint.
The full story is in The Wire #2 👇
Why is Morgan Stanley buying a transfer agent? 👀
That's one of five stories in The Wire #2, plus @Joris_DLN's edito on why tokenization "arrived as a trade".
Grab a coffee and read it here 👉 onchain.fm
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thibauld retweeted
A stock can be issued onchain, traded between investors and settled almost instantly.
But none of that matters if the system cannot reliably answer one fundamental question: who owns the shares after the trade?
That is the part of tokenized equity I think deserves far more ere Fairmint is building something particularly important on Canton.
Because bringing shares onto a blockchain is only one part of the job.
The infrastructure also needs to recognise the investor, verify that they are eligible to hold the shares, enforce the rules around transfers and keep the official record of ownership accurate as those shares change hands.
This is where @fairmint comes in.
Through its SEC-registered transfer-agent subsidiary, Fairmint is bringing those ownership responsibilities into the onchain environment.
Its Open Cap Table Protocol (OCP) is designed to make equity ownership records, and authorised changes to those records, work directly onchain.
In other words, the goal is not simply to put a digital representation of a share in someone's wallet.
It is to connect the movement of that asset with the records and controls that establish who actually owns it.
And the November 4 Canton Strategic Holdings transaction gives us a much clearer picture of how this infrastructure fits into a real market.
@CantonStrategic (NASDAQ: CNTN) announced the first trades of its issuer-sponsored tokenized common stock on Canton, bringing together several different participants, each with a specific responsibility.
Five North was the seller, DRW Cumberland was the buyer, Flowdesk provided liquidity, and Tradecraft powered the trading pool through its Tokenized Securities Venue (TSV).
But a functioning market needs more than somewhere to trade and someone willing to provide liquidity.
The transaction also needed the ownership and transfer process to be properly handled.
That is the role Fairmint played.
While @tradecraftfi powered the trading environment and @flowdesk_co supported liquidity, Fairmint handled the transfer-agent side: maintaining the official shareholder record, verifying holders and applying the relevant transfer controls.
The shares and payment then settled atomically on Canton.
What makes this integration interesting is how clearly it shows that these are not competing pieces of infrastructure.
They solve different parts of the same transaction.
The trading venue facilitates the exchange, liquidity helps make that market work, and the transfer agent connects the transaction to the recognised record of share ownership. Remove any of those responsibilities and the process becomes incomplete.
And this is bigger than one transaction.
As more companies explore issuing shares onchain, different wallets, trading venues, brokers and financial applications will need to interact with reliable ownership records.
They cannot all operate as separate islands, each maintaining a version of who owns what.
Imagine a situation where the blockchain records one owner, but the official shareholder register records another.
You might have achieved faster settlement, but you have also introduced a serious ownership problem.
Fairmint's CEO, @Joris_DLN, has been highlighting this exact challenge in the regulatory conversation, particularly the need to keep onchain records, broker records and the official shareholder register aligned.
This is why I find OCP worth paying attention to beyond the CNTN transaction.
Rather than every application building its own disconnected approach to equity recordkeeping, Fairmint is working towards reusable infrastructure that developers and financial institutions can build around.
For me, this is one of the important questions Canton is beginning to address as tokenized securities move beyond issuance and into actual market activity.
We already talk a lot about putting assets onchain, making them tradable and settling transactions faster.
But the infrastructure that establishes and maintains ownership is just as important.
A token can represent a share.
The real challenge is making sure the ownership behind that token is recognised, controlled and recorded correctly.
That is the problem Fairmint is working on, and it deserves a much bigger place in the tokenized equity conversation.
@Fairmint @CantonNetwork @CantonFdn
#CantonResearchNov26
But none of that matters if the system cannot reliably answer one fundamental question: who owns the shares after the trade?
That is the part of tokenized equity I think deserves far more ere Fairmint is building something particularly important on Canton.
Because bringing shares onto a blockchain is only one part of the job.
The infrastructure also needs to recognise the investor, verify that they are eligible to hold the shares, enforce the rules around transfers and keep the official record of ownership accurate as those shares change hands.
This is where @fairmint comes in.
Through its SEC-registered transfer-agent subsidiary, Fairmint is bringing those ownership responsibilities into the onchain environment.
Its Open Cap Table Protocol (OCP) is designed to make equity ownership records, and authorised changes to those records, work directly onchain.
In other words, the goal is not simply to put a digital representation of a share in someone's wallet.
It is to connect the movement of that asset with the records and controls that establish who actually owns it.
And the November 4 Canton Strategic Holdings transaction gives us a much clearer picture of how this infrastructure fits into a real market.
@CantonStrategic (NASDAQ: CNTN) announced the first trades of its issuer-sponsored tokenized common stock on Canton, bringing together several different participants, each with a specific responsibility.
Five North was the seller, DRW Cumberland was the buyer, Flowdesk provided liquidity, and Tradecraft powered the trading pool through its Tokenized Securities Venue (TSV).
But a functioning market needs more than somewhere to trade and someone willing to provide liquidity.
The transaction also needed the ownership and transfer process to be properly handled.
That is the role Fairmint played.
While @tradecraftfi powered the trading environment and @flowdesk_co supported liquidity, Fairmint handled the transfer-agent side: maintaining the official shareholder record, verifying holders and applying the relevant transfer controls.
The shares and payment then settled atomically on Canton.
What makes this integration interesting is how clearly it shows that these are not competing pieces of infrastructure.
They solve different parts of the same transaction.
The trading venue facilitates the exchange, liquidity helps make that market work, and the transfer agent connects the transaction to the recognised record of share ownership. Remove any of those responsibilities and the process becomes incomplete.
And this is bigger than one transaction.
As more companies explore issuing shares onchain, different wallets, trading venues, brokers and financial applications will need to interact with reliable ownership records.
They cannot all operate as separate islands, each maintaining a version of who owns what.
Imagine a situation where the blockchain records one owner, but the official shareholder register records another.
You might have achieved faster settlement, but you have also introduced a serious ownership problem.
Fairmint's CEO, @Joris_DLN, has been highlighting this exact challenge in the regulatory conversation, particularly the need to keep onchain records, broker records and the official shareholder register aligned.
This is why I find OCP worth paying attention to beyond the CNTN transaction.
Rather than every application building its own disconnected approach to equity recordkeeping, Fairmint is working towards reusable infrastructure that developers and financial institutions can build around.
For me, this is one of the important questions Canton is beginning to address as tokenized securities move beyond issuance and into actual market activity.
We already talk a lot about putting assets onchain, making them tradable and settling transactions faster.
But the infrastructure that establishes and maintains ownership is just as important.
A token can represent a share.
The real challenge is making sure the ownership behind that token is recognised, controlled and recorded correctly.
That is the problem Fairmint is working on, and it deserves a much bigger place in the tokenized equity conversation.
@Fairmint @CantonNetwork @CantonFdn
#CantonResearchNov26
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If you're keen on learning more about how securities (tokenized or not, using @fairmint or not) work under the hood, you should give @steinRWA a follow.
He's posting massive amounts of quality educational content 👇
He's posting massive amounts of quality educational content 👇
Here is how @AlpacaHQ’s instant tokenization system works.
- The trading firm puts the real shares they want to tokenize in their own alpaca’s account - ofc, the purchase is via a broker that settles via DTC and into alpaca.
- a request is made for tokenizing these shares.
- ares into the token issuer’s alpaca account - for example, they move it into @Ondo’s account.
- the issuer then mints one token per share and send them back to the firm’s account.
So basically, alpaca works like a big restaurant that has the whole plumbing in place and not like the guys involved have to borrow a microwave first, then get another equipment somewhere else.
Now you know.
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thibauld retweeted
Announcing Dagger for Entire.
Goodbye pull requests! @GoEntire is a new Git forge for agents and humans. Now with native Dagger support.
Agents run the same checks before and after push, with a shared cache and without melting your machine.
dagger.io/blog/dagger-fo…
Goodbye pull requests! @GoEntire is a new Git forge for agents and humans. Now with native Dagger support.
Agents run the same checks before and after push, with a shared cache and without melting your machine.
dagger.io/blog/dagger-fo…
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We found the American equivalent of @RoyalSegolene 🙄
BREAKING: Kamala Harris projected to announce another presidential run ahead of 2028 following Democrats' sweeping midterm victories.
60% chance.
🔗 polymarket.com/r/Kamala-28
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thibauld retweeted
Why did we acquire The RWA Desk?
To connect the infrastructure we're building at Fairmint with the institutions, investors and builders shaping onchain capital markets.
The RWA Desk is now @onchaindotfm, and we're taking that mission further.
The story behind it 👇
fairmint.com/blog/introduci…
To connect the infrastructure we're building at Fairmint with the institutions, investors and builders shaping onchain capital markets.
The RWA Desk is now @onchaindotfm, and we're taking that mission further.
The story behind it 👇
fairmint.com/blog/introduci…
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thibauld retweeted
Canton has the infrastructure for listed equities onchain.
@fairmint's SEC-registered transfer agent keeps official shareholder registers onchain, with @CantonStrategic (CNTN) traded through TSV using @tradecraftfi.
The register and the trade sit on the same network.
@fairmint's SEC-registered transfer agent keeps official shareholder registers onchain, with @CantonStrategic (CNTN) traded through TSV using @tradecraftfi.
The register and the trade sit on the same network.
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 e 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-…
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thibauld retweeted
Years of work led to this moment.
We built @fairmint to bring real equity onchain, with the official shareholder register onchain too.
And now, shares of @CantonStrategic have traded on @CantonNetwork through TSV using the @tradecraftfi protocol, with Fairmint maintaining the official ownership record onchain.
Huge thanks to our team and everyone who helped make this happen!
We've now built and demonstrated the infrastructure to bring more public companies onchain.
If you're a public company looking to do the same, we'd love to help make it happen 😉
We built @fairmint to bring real equity onchain, with the official shareholder register onchain too.
And now, shares of @CantonStrategic have traded on @CantonNetwork through TSV using the @tradecraftfi protocol, with Fairmint maintaining the official ownership record onchain.
Huge thanks to our team and everyone who helped make this happen!
We've now built and demonstrated the infrastructure to bring more public companies onchain.
If you're a public company looking to do the same, we'd love to help make it happen 😉
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 e 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-…
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thibauld retweeted
Today the first trades of a tokenized US stock under the SEC Innovation Exemption settled on @CantonNetwork.
Five North was the first shareholder to tokenize its shares. Our CNTN position moved from a brokerage account to the onchain shareholder register, into our Loop Wallet, ld non-custodially, and seeded the first liquidity on TSV.
Proud to do this alongside @CantonStrategic, @fairmint, @flowdesk_co, @CumberlandSays and @tradecraftfi.
👉 We wrote up the full path, from share register to settled trade: fivenorth.io/news/why-the-f…
👉 Official announcement: prnewswire.com/news-releases/…
Five North was the first shareholder to tokenize its shares. Our CNTN position moved from a brokerage account to the onchain shareholder register, into our Loop Wallet, ld non-custodially, and seeded the first liquidity on TSV.
Proud to do this alongside @CantonStrategic, @fairmint, @flowdesk_co, @CumberlandSays and @tradecraftfi.
👉 We wrote up the full path, from share register to settled trade: fivenorth.io/news/why-the-f…
👉 Official announcement: prnewswire.com/news-releases/…
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thibauld retweeted
Today, History was made on @CantonNetwork !
Again...
Congrats to @fairmint @CantonStrategic @tradecraftfi and all parties involved.
It seems like every day a new milestone is reached but do not take any of these "announcements" for granted, price may not pump, But this is a MUCH bigger deal than people realize.
Again...
Congrats to @fairmint @CantonStrategic @tradecraftfi and all parties involved.
It seems like every day a new milestone is reached but do not take any of these "announcements" for granted, price may not pump, But this is a MUCH bigger deal than people realize.
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 e 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-…
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Since day 1, @Joris_DLN and I have been on a mission to create 10x better securities that move at internet speed, onchain.
It only took 7 years, 6 months, and 12 days... but HERE WE ARE 🔥
For the first time ever, shares of a US company have been tokenized on Canton and are available for US investors to trade through an Automated Market Maker.
7 years in the making, yet it still feels like day 1 for @fairmint 🚀
Onward and upward!
It only took 7 years, 6 months, and 12 days... but HERE WE ARE 🔥
For the first time ever, shares of a US company have been tokenized on Canton and are available for US investors to trade through an Automated Market Maker.
7 years in the making, yet it still feels like day 1 for @fairmint 🚀
Onward and upward!
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 e 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-…
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thibauld retweeted
This is bigger than most people realize.
$CNTN - a publicly traded company - issued their stock natively on @CantonNetwork , using the technology that @fairmint has been building for 7 years.
Then this stock was seeded as liquidity to an AMM pool from @tradecraftfi and market makers DRW and @flowdesk_co started making markers in the pool, utilizing @canton_loop as the wallet.
This feels straight from the future, but it's real and it's the first time.
$CNTN - a publicly traded company - issued their stock natively on @CantonNetwork , using the technology that @fairmint has been building for 7 years.
Then this stock was seeded as liquidity to an AMM pool from @tradecraftfi and market makers DRW and @flowdesk_co started making markers in the pool, utilizing @canton_loop as the wallet.
This feels straight from the future, but it's real and it's the first time.
Today the first live trades of actual tokenized NMS stock were executed on @tradecraftfi. $USDCx for $CNTN. prnewswire.com/news-releases/…
Firsts like this are always the work of many hands and I'm thankful for everyone who made this happen.
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thibauld retweeted
Today the first live trades of actual tokenized NMS stock were executed on @tradecraftfi. $USDCx for $CNTN. prnewswire.com/news-releases/…
Firsts like this are always the work of many hands and I'm thankful for everyone who made this happen.
Firsts like this are always the work of many hands and I'm thankful for everyone who made this happen.
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Guess who powered that? 🔥🔥🔥
U.S. equities are entering a new era of onchain trading. The first trade of Canton Strategic Holdings' tokenized shares was executed on TSV, with atomic settlement on the @CantonNetwork under the SEC’s Innovation Exemption framework, marking a major step forward for tokenized prnewswire.com/news-releases/…
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thibauld retweeted
A new chapter for The RWA Desk, now @onchaindotfm.
Proud to back a media network covering the people and infrastructure bringing capital markets onchain.
Starting with a weekly newsletter, followed by a live show in January from our NYC studio 🗽
Proud to back a media network covering the people and infrastructure bringing capital markets onchain.
Starting with a weekly newsletter, followed by a live show in January from our NYC studio 🗽
The RWA Desk is now Onchain.FM.
A new media network covering the people, companies and infrastructure bringing capital markets onchain.
We're starting with a weekly newsletter, ahead of our live show in January.
Presented by @fairmint.
onchain.fm
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thibauld retweeted
The RWA Desk is now Onchain.FM.
A new media network covering the people, companies and infrastructure bringing capital markets onchain.
We're starting with a weekly newsletter, ahead of our live show in January.
Presented by @fairmint.
onchain.fm
A new media network covering the people, companies and infrastructure bringing capital markets onchain.
We're starting with a weekly newsletter, ahead of our live show in January.
Presented by @fairmint.
onchain.fm
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thibauld retweeted
Bringing publicly traded U.S. equities onchain is moving closer to reality following last week’s agreement with TSV and @fairmint. Canton Strategic Holdings CEO @MarkWendlandCSH joined @stabledash to discuss the next steps for tokenized trading on the @CantonNetwork.
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thibauld retweeted
Incredible. @CantonNetwork just received no action relief from the SEC for its network token.
The @SECGov's token taxonomy from March and follow up FAQs have now created a clear pathway out of securities laws—Network tokens are digital commodities.
The @SECGov's token taxonomy from March and follow up FAQs have now created a clear pathway out of securities laws—Network tokens are digital commodities.
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