UAE licensed, Flowdesk becomes first liquidity provider to trade tokenized NMS stock for Canton in U.S.
Flowdesk Liquidity Solutions LLC becomes the first liquidity provider to trade a tokenized NMS stock in the U.S. under the SEC’s innovation exemption. Flowdesk recently received a crypto brokerage license within the UAE under its Dubai entity Flowdesk Omega FZE.
As per the announcement, Flowdesk Liquidity Solutions LLC is providing liquidity as a Covered Firm under the innovation exemption, supplying tokenized NMS stock to automated market maker (AMM) liquidity pools operated by TSV LLC.
TSV LLC is a tokenized securities venue operating under the SEC’s innovation exemption. Its first listing is the tokenized NMS stock of Canton Strategic Holdings, Inc., quoted on Nasdaq under the ticker CNTN. The tokenized NMS stocks trade on the Canton Network through AMM pools built on Tradecraft, with Fairmint as the transfer agent.
Flowdesk Group provides liquidity across 150+ trading venues and 1,000+ crypto asset pairs. This mandate will bring that same institutional-grade depth to tokenized NMS stocks, onchain, under the SEC’s innovation exemption.
“The SEC has opened a path for U.S. listed securities to trade onchain. Our job is to make sure that path has reliable liquidity from the very first trade. Being among the first covered firms under the innovation exemption is exactly what we’ve been building toward,” said Reed Werbitt, U.S. CEO and Global CRO of Flowdesk.
About Flowdesk
Flowdesk is a full-service digital asset trading and technology firm specializing in liquidity solutions and OTC trading with over 200 employees globally and is backed by BlackRock, Cathay Innovation and Coinbase ventures.
In March 2025, Flowdesk raised $102 million in investments noting at the time that this would be used for its expansion plans and the opening of offices in UAE.
