Canton Strategic Holdings Issues Statement on MEV and Onchain Transaction Front-Running

As Tokenization Scales, Company Highlights MEV as a Threat to Healthy Onchain Markets

NEW YORK, Nov. 12, 2026 — Canton Strategic Holdings, Inc. (NASDAQ: CNTN) ("Canton Strategic Holdings" or the "Company") today shared comments on the practice of Maximum Extractable Value ("MEV") in onchain transactions. These comments are in support of "Front-Running Is Not Payment for Order Flow," an X article by Yuval Rooz, co-founder and CEO of Digital Asset. Mr. Rooz and Digital Asset are minority shareholders of Canton Strategic Holdings. 

Mark Wendland, Chairman and CEO, Canton Strategic Holdings, commented:

"Issuers and market participants deserve an onchain market structure that prevents front-running and protects users from hidden costs. When transacting on a chain that permits MEV, the true trading costs are paid by users who receive subpar execution. Meanwhile, 'tips' paid to validators on those networks secure preferential treatment, effectively skipping the line and executing certain orders before everyone else. As Yuval Rooz, CEO of Digital Asset, recently shared, front-running is not the same as payment for order flow. One is underpinned by robust regulation through best execution requirements and associating filings, and the other is simply not compatible with regulated markets.

Importantly, the Canton Network is designed to prohibit MEV both in structure and practice. Privacy ensures that orders are not universally visible, and there are no tips or payments to validators that could influence the ordering of transactions.

As we speak, decisions are being made by institutions and regulators that will shape onchain markets well into the future. Issuers are determining which tokenized stock venue – and by extension, which blockchain – they may permit their stock to trade on in tokenized form. Firms are evaluating which network can balance cost, speed, and compliance. And regulators in Europe, the U.K., and elsewhere are shaping perspectives on trading practices for this new digital infrastructure.

A healthy onchain market takes lessons from the past and ensures that front-running in the form of MEV does not exist. As tokenization moves from ideation to operation, the stakes could not be higher." 

About Canton Strategic Holdings, Inc.

Canton Strategic Holdings, Inc. (NASDAQ: CNTN) is 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. In addition to its operating business that drives value through activities on the Canton Network, the Company is a strategic investor in the Canton ecosystem. For more information, visit www.cantonstrategic.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains statements that constitute "forward-looking statements" within the meaning of U.S. federal securities laws. Forward-looking statements are statements other than historical facts and include, without limitation, those regarding management expectations, strategy execution, market conditions, and the Company's involvement with the Canton Network. These statements are based on current expectations and involve risks and uncertainties that may cause actual results to differ materially. Further information regarding factors that may affect the Company's prospects is included in its annual and quarterly reports filed with the U.S. Securities and Exchange Commission, available at www.sec.gov. The Company undertakes no obligation to update these statements except as required by law.

Canton is a registered trademark of Digital Asset (Switzerland) GmbH. Digital Asset is not affiliated with, and has not sponsored or endorsed, the operations of Canton Strategic Holdings, Inc.

Contacts

Media:
Gasthalter & Co.
(212) 257-4170
[email protected] 

Investors:
[email protected] 

X: @CantonStrategic
LinkedIn: Linkedin.com/CantonStrategicHoldings
Website: www.cantonstrategic.com 

SOURCE Canton Strategic Holdings, Inc.