DECRYPT · 2026-11-04 18:16 UTC

Canton Coin Gets SEC Nod as Wall Street Tokenization Heats Up

SEC staff said Canton Coin, the native token of the Canton Network, is a 'digital commodity' and won't recommend enforcement action if validators mint it without registering. DTCC launched a tokenization service on Canton Network allowing firms to convert DTC-held stocks and Treasuries into tokens, with Morgan Stanley among the first banks to use it. Canton Coin launched without an ICO or premine, with tokens earned only by running network infrastructure, and the SEC letter is the first relief of its kind since the agency's March crypto interpretation.

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