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21Shares Launches First U.S. ETF Tracking Canton Coin, Debuts on Nasdaq Thursday

GateNews
Stocks
CC-4.80%

According to The Block, 21Shares' Canton Network ETF debuted on Nasdaq on Thursday (May 7), providing direct exposure to Canton Coin (CC), the native utility token of the Canton Network. The ETF trades under ticker symbol TCAN.

Canton Coin is a top-20 cryptocurrency with a market cap of $5.6 billion. The Canton Network is a privacy-preserving blockchain ecosystem designed for institutional finance, backed by major firms including Goldman Sachs, Microsoft, and DTCC through its primary developer, Digital Asset.

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