Canton Strategic Holdings is pursuing an issuer-sponsored token model, with Fairmint issuing its CNTN tokens for TSV LLC's Canton venue. The move reflects the growing trend of treating tokens as direct equity representations rather than separate instruments. The approach aligns with commentary from Securitize's Brett Redfearn in September, who stated that "the token that you get is the stock" when describing issuer-sponsored tokens. Under this model, token holders receive equity stakes directly through blockchain-based issuance infrastructure.