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Companies / Financials / Canton Strategic Holdings, Inc.
CNTN

Canton Strategic Holdings, Inc.

FinancialsFinance Services
Ticker CNTNNEW YORK, NYFiscal year ends DecemberBook value per share $2.14Diluted shares 212.3M

Canton Strategic Holdings, Inc. operates as the first publicly traded company to leverage Canton Coin and support the Canton Network to advance institutional blockchain adoption and the digitization of financial markets. The company's website is located at www.cantonstrategic.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%
$-35.92M
−194.5% year over year
Last 12 mo $-95.17M
-9.03%
+923.8 percentage points
Last 12 mo -21.57%
Cash & financing
$-16.13M
−47.9% year over year
Last 12 mo $-22.17M
$-16.13M
−47.9% year over year
Last 12 mo $-22.17M
—
32.0M
+2372.4% year over year
Last 12 mo 212.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Canton Strategic Holdings, Inc. does

In the company’s own words

Canton Strategic Holdings, Inc. operates as the first publicly traded company to leverage Canton Coin and support the Canton Network to advance institutional blockchain adoption and the digitization of financial markets. The company's website is located at www.cantonstrategic.com.

The company has undergone a significant strategic transformation, shifting from primarily biotechnology operations through late 2025 to prioritizing disciplined digital asset treasury management and investment in the digital asset ecosystem, specifically the Canton Network. This strategic pivot reflects a fundamental change in the company's risk profile and operational focus.

Canton Strategic's digital asset treasury strategy centers on several key elements. The company operates as a Super Validator and intends to run additional validator nodes on the Canton Network to earn recurring protocol-based validation rewards in Canton Coin while supporting network security and governance. The company also plans to build, sponsor, or invest in applications and middleware that complement capital markets transactions on the Canton Network, focusing on projects built on or integrated with the Canton Network infrastructure. Additionally, the company participates actively in the Canton Foundation as a member of the Foundation Board, helping shape the network's governance framework and tokenomics.

Canton Network represents a public, permissionless blockchain with privacy designed to work at institutional scale. The network operates as a "network of networks" where independently governed applications interoperate securely through decentralized public infrastructure called the Global Synchronizer. Applications running on Canton currently process more than six trillion dollars in tokenized real-world assets, including over three hundred fifty billion dollars in daily U.S. Treasury repo.

Through its subsidiary Gravitas Life Sciences, Inc., Canton Strategic continues to develop therapeutic candidates in immunology and inflammation with high unmet need. The company's product pipeline includes GV104, a buccal film formulation of nalmefene for prophylactic protection against synthetic opioid exposure, and GV023, an oral anti-tumor necrosis factor-alpha monoclonal antibody. The company holds substantially all of its Canton Coin tokens in custody accounts with institutional-grade custodians to manage counterparty risk and ensure regulatory compliance and information security.

Company details
Sector
Financials
Industry (SIC)
Finance Services
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
1861657
SIC
6199

Financial performance, year by year

Fiscal 2021–2025 · USD
$-104.47M$-76.58M$-48.69M$-20.80M$7.09M20212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Canton Strategic Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

49
funds hold it
0 of 35
superinvestors hold it
$27.49M
held by funds, at market
11.5%
of shares held by funds

Largest fund holders · Canton Strategic Holdings, Inc.’s weight in each

—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.17%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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