According to The Block, 21Shares launched the Canton Network ETF on Nasdaq on Thursday (May 7), with the fund trading under ticker symbol TCAN. The ETF is the first in the U.S. to provide direct exposure to Canton Coin (CC), the native utility token of the Canton Network.
Canton Network is a privacy-preserving blockchain ecosystem for institutional finance, backed by major firms including Goldman Sachs, Microsoft, and DTCC. Canton’s native token is a top-20 cryptocurrency with a $5.6 billion market cap.
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