First Canton Network ETF Starts Trading in the US

21Shares began trading its TCAN fund on Nasdaq on Thursday, marking the first US-listed ETF to provide direct exposure to cantonnetwork:native, the native token of the Canton Network. Canton (@CantonNetwork) is a privacy-preserving blockchain supported by a consortium that includes Goldman Sachs, Microsoft, Deutsche Bank, JPMorgan, Nasdaq, Deloitte, and Moody's. The network targets tokenized real-world assets and institutional capital markets, and supports about $4 trillion in tokenized asset volume alongside $100 billion in daily repo volume. Teucrium Investment Advisors is the fund's adviser, 21Shares US serves as subadviser, and BitGo is custodian. TCAN is positioned as the US counterpart to 21Shares' European CANTN ETP launched in November 2025.