Appointments Strengthen Governance as Company Advances Canton Network StrategyNEW YORK, July 28, 2026 /PRNewswire/ -- Canton Strategic Holdings, Inc., (NASDAQ:CNTN) (&#34;Canton Strategic Holdings&#34; or the

<p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><i xmlns="http://www.w3.org/1999/xhtml">Appointments Strengthen Governance as Company Advances Canton Network Strategy</i></p><p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">July 28, 2026</span> /PRNewswire/ -- Canton Strategic Holdings, Inc., (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/CNTN">CNTN</a>) (&#34;Canton Strategic Holdings&#34; or the &#34;Company&#34;) the first publicly traded company to leverage Canton Coin (&#34;$CC&#34;) to support the Canton Network&#39;s ability to digitize traditional financial markets, today announced that Sean Galvin, Pamela L. Carter, and Rishi Nangalia were elected as directors of the Board of Directors (the &#34;Board&#34;), effective July 13, 2026, following the Company&#39;s Annual Shareholder Meeting.</p>
<p xmlns="http://www.w3.org/1999/xhtml">Together, the new Directors bring deep experience across financial markets, public company governance, and technology. Mr. Galvin, Ms. Carter, and Mr. Nangalia succeed departing Directors Sireesh Appajosyula, Vincent LoPriore, and Gary Stetz, who opted not to stand for re-election in the nomination process. The three new Directors join those re-elected at the Company&#39;s Annual Shareholder Meeting: Mark Wendland, Clay Kahler, Jill E. Sommers, and William Wiley.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;We are pleased to benefit from the collective expertise of Mr. Galvin, Ms. Carter, and Mr. Nangalia as we advance our Canton Network strategy,&#34; said Mark Wendland, Chairman and CEO of Canton Strategic Holdings. &#34;Their thoughtful approach to governance and deep experience leading companies across capital markets and technology will be invaluable as we continue to scale our operating business in support of the Canton Network.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">Mr. Galvin brings more than 35 years of experience as a Certified Public Accountant across accounting and financial services, having most recently served as Senior Managing Director and Chief Administrative Officer of Nearwater Capital Management. Prior to that, Mr. Galvin held senior finance roles including Chief Financial Officer at Virtu Financial Inc. and Chief Accounting Officer of BGC Partners, Inc. As Audit Chair, Mr. Galvin will contribute his capital markets expertise and financial and operational leadership to the Board.</p><p xmlns="http://www.w3.org/1999/xhtml">A former corporate executive and state attorney general, Ms. Carter has extensive leadership, legal, and public-company governance experience that will strengthen the Company&#39;s Board. Ms. Carter spent nearly two decades at Cummins Inc., a global power technology leader, in executive positions including Vice President, General Counsel, and Corporate Secretary and President of two business units. Ms. Carter has since served on the boards of several public companies, including Enbridge Inc., Hewlett Packard Enterprise, Broadridge Financial Solutions, Inc., and CSX Corporation. Ms. Carter brings significant executive experience and legal expertise as well as a strong track record of board service across multiple public companies.</p><p xmlns="http://www.w3.org/1999/xhtml">Mr. Nangalia is Co-founder and Managing Partner of OPCO Advisory Inc. and previously founded and led REDI Technologies, an electronic trading software company acquired by Thomson Reuters. As a founder and chief executive, he brings extensive experience building and scaling financial technology businesses, driving innovation in capital markets, and leading teams across the investment banking and trading sector. In addition, Mr. Nangalia has experience serving on multiple company boards.</p><p xmlns="http://www.w3.org/1999/xhtml">The election of these new Directors further strengthens the Board as Canton Strategic Holdings advances its <span xmlns="http://www.w3.org/1999/xhtml">digital asset</span> treasury strategy centered on the Canton Network. In addition to driving value through acquiring $CC, operating as a Super Validator, and supporting infrastructure providers through its locking service, the Company intends to support Canton Network applications that accelerate institutional adoption.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Canton Strategic Holdings, Inc.</b></p><p xmlns="http://www.w3.org/1999/xhtml">Canton Strategic Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/CNTN">CNTN</a>), 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 <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4740248-1&amp;h=346190268&amp;u=http%3A%2F%2Fwww.cantonstrategic.com%2F&amp;a=www.cantonstrategic.com" target="_blank" rel="nofollow">www.cantonstrategic.com</a>.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Cautionary Note Regarding Forward-Looking Statements</b></p><p xmlns="http://www.w3.org/1999/xhtml">This press release contains statements that constitute &#34;forward-looking statements&#34; 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&#39;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&#39;s prospects is included in its annual and quarterly reports filed with the U.S. Securities and Exchange Commission, available at <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4740248-1&amp;h=3662142351&amp;u=https%3A%2F%2Fwww.sec.gov%2F&amp;a=www.sec.gov" target="_blank" rel="nofollow">www.sec.gov</a>. The Company undertakes no obligation to update these statements except as required by law.</p><p xmlns="http://www.w3.org/1999/xhtml">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.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Contacts</b></p><p xmlns="http://www.w3.org/1999/xhtml">Media:<br xmlns="http://www.w3.org/1999/xhtml"></br>Gasthalter &amp; Co.<br xmlns="http://www.w3.org/1999/xhtml"></br>(212) 257-4170<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" href="mailto:canton@gasthalter.com" target="_blank" rel="nofollow">canton@gasthalter.com</a></p><p xmlns="http://www.w3.org/1999/xhtml">Investors:<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" href="mailto:ir@cantonstrategic.com" target="_blank" rel="nofollow">ir@cantonstrategic.com</a></p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">X:</b> @CantonStrategic<br xmlns="http://www.w3.org/1999/xhtml"></br><b xmlns="http://www.w3.org/1999/xhtml">LinkedIn:</b> Linkedin.com/CantonStrategicHoldings<br xmlns="http://www.w3.org/1999/xhtml"></br><b xmlns="http://www.w3.org/1999/xhtml">Website:</b> <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4740248-1&amp;h=346190268&amp;u=http%3A%2F%2Fwww.cantonstrategic.com%2F&amp;a=www.cantonstrategic.com" target="_blank" rel="nofollow">www.cantonstrategic.com</a> </p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=NY13535&amp;sd=2026-07-28"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/three-new-directors-elected-to-the-board-of-canton-strategic-holdings-inc-302836429.html" target="_blank">https://www.prnewswire.com/news-releases/three-new-directors-elected-to-the-board-of-canton-strategic-holdings-inc-302836429.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Canton Strategic Holdings, Inc.</p>

CNTN

Three New Directors Elected to the Board of Canton Strategic Holdings, Inc.

CNTN Board Adds Experienced Directors to Accelerate Canton Network Strategy

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Appointments Strengthen Governance as Company Advances Canton Network StrategyNEW YORK, July 28, 2026 /PRNewswire/ -- Canton Strategic Holdings, Inc., (NASDAQ:CNTN) (&amp;#34;Canton Strategic Holdings&amp;#34; or the</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Canton Strategic Holdings announced the election of three new directors—Sean Galvin, Pamela Carter, and Rishi Nangalia—effective July 13, 2026, strengthening governance as CNTN advances its Canton Network and Canton Coin treasury strategy. The hires inject capital-markets, legal, and fintech leadership that could accelerate institutional adoption and execution of the company’s digitization initiatives.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>CNTN elected three new directors: Galvin, Carter, Nangalia, effective July 13, 2026.</li><li>New directors bring governance, financial markets, and tech expertise to Canton Network.</li><li>Departing directors Sireesh Appajosyula, Vincent LoPriore, Gary Stetz stepped down.</li><li>Company emphasizes Canton Coin and a digital asset treasury strategy amid network expansion.</li><li>Directors’ governance focus supports Canton Network adoption and institutional engagement.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Virtu Financial Inc. (VIRT)</strong>: Galvin previously served as Chief Financial Officer; governance and financial controls relevance.</li><li><strong>BGC Partners, Inc. (BGCP)</strong>: Galvin held senior finance roles including Chief Accounting Officer; capital markets perspective.</li><li><strong>Cummins Inc. (CMI)</strong>: Pamela Carter spent nearly two decades in executive roles including GC; legal governance experience.</li><li><strong>Enbridge Inc. (ENB)</strong>: Carter has served on boards, enhancing public-company governance credentials.</li><li><strong>Hewlett Packard Enterprise (HPE)</strong>: Carter has board experience; broad technology governance exposure.</li><li><strong>CSX Corporation (CSX)</strong>: Carter has board service; logistics/capital markets governance insight.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. Board refresh aligns with Canton Network execution and governance strengthening, a meaningful driver of strategic credibility and potential adoption traction.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Governance refresh could bolster institutional credibility and Canton Network adoption prospects.</li><li>Potential uptick in Canton Coin usage and locking activity as treasury strategy scales.</li><li>No immediate revenue data; market reacts to governance milestones and strategic progress.</li><li>Volatility may rise around further Canton Coin/validator updates.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>CNTN ticker mentioned in press release dated July 28, 2026.</li><li>Effective date for the three new directors: July 13, 2026.</li><li>New directors: Sean Galvin, Pamela L. Carter, Rishi Nangalia.</li><li>Departing directors: Sireesh Appajosyula, Vincent LoPriore, Gary Stetz.</li><li>Canton Network strategy centers on Canton Coin ($CC) and Super Validator role.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term upside potential for CNTN if governance enhancements translate into faster Canton Network adoption and Canton Coin activity over the next 3–6 months.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><i xmlns="http://www.w3.org/1999/xhtml">Appointments Strengthen Governance as Company Advances Canton Network Strategy</i></p><p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">July 28, 2026</span> /PRNewswire/ -- Canton Strategic Holdings, Inc., (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/CNTN">CNTN</a>) (&#34;Canton Strategic Holdings&#34; or the &#34;Company&#34;) the first publicly traded company to leverage Canton Coin (&#34;$CC&#34;) to support the Canton Network&#39;s ability to digitize traditional financial markets, today announced that Sean Galvin, Pamela L. Carter, and Rishi Nangalia were elected as directors of the Board of Directors (the &#34;Board&#34;), effective July 13, 2026, following the Company&#39;s Annual Shareholder Meeting.</p>
<p xmlns="http://www.w3.org/1999/xhtml">Together, the new Directors bring deep experience across financial markets, public company governance, and technology. Mr. Galvin, Ms. Carter, and Mr. Nangalia succeed departing Directors Sireesh Appajosyula, Vincent LoPriore, and Gary Stetz, who opted not to stand for re-election in the nomination process. The three new Directors join those re-elected at the Company&#39;s Annual Shareholder Meeting: Mark Wendland, Clay Kahler, Jill E. Sommers, and William Wiley.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;We are pleased to benefit from the collective expertise of Mr. Galvin, Ms. Carter, and Mr. Nangalia as we advance our Canton Network strategy,&#34; said Mark Wendland, Chairman and CEO of Canton Strategic Holdings. &#34;Their thoughtful approach to governance and deep experience leading companies across capital markets and technology will be invaluable as we continue to scale our operating business in support of the Canton Network.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">Mr. Galvin brings more than 35 years of experience as a Certified Public Accountant across accounting and financial services, having most recently served as Senior Managing Director and Chief Administrative Officer of Nearwater Capital Management. Prior to that, Mr. Galvin held senior finance roles including Chief Financial Officer at Virtu Financial Inc. and Chief Accounting Officer of BGC Partners, Inc. As Audit Chair, Mr. Galvin will contribute his capital markets expertise and financial and operational leadership to the Board.</p><p xmlns="http://www.w3.org/1999/xhtml">A former corporate executive and state attorney general, Ms. Carter has extensive leadership, legal, and public-company governance experience that will strengthen the Company&#39;s Board. Ms. Carter spent nearly two decades at Cummins Inc., a global power technology leader, in executive positions including Vice President, General Counsel, and Corporate Secretary and President of two business units. Ms. Carter has since served on the boards of several public companies, including Enbridge Inc., Hewlett Packard Enterprise, Broadridge Financial Solutions, Inc., and CSX Corporation. Ms. Carter brings significant executive experience and legal expertise as well as a strong track record of board service across multiple public companies.</p><p xmlns="http://www.w3.org/1999/xhtml">Mr. Nangalia is Co-founder and Managing Partner of OPCO Advisory Inc. and previously founded and led REDI Technologies, an electronic trading software company acquired by Thomson Reuters. As a founder and chief executive, he brings extensive experience building and scaling financial technology businesses, driving innovation in capital markets, and leading teams across the investment banking and trading sector. In addition, Mr. Nangalia has experience serving on multiple company boards.</p><p xmlns="http://www.w3.org/1999/xhtml">The election of these new Directors further strengthens the Board as Canton Strategic Holdings advances its <span xmlns="http://www.w3.org/1999/xhtml">digital asset</span> treasury strategy centered on the Canton Network. In addition to driving value through acquiring $CC, operating as a Super Validator, and supporting infrastructure providers through its locking service, the Company intends to support Canton Network applications that accelerate institutional adoption.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Canton Strategic Holdings, Inc.</b></p><p xmlns="http://www.w3.org/1999/xhtml">Canton Strategic Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/CNTN">CNTN</a>), 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 <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4740248-1&amp;h=346190268&amp;u=http%3A%2F%2Fwww.cantonstrategic.com%2F&amp;a=www.cantonstrategic.com" target="_blank" rel="nofollow">www.cantonstrategic.com</a>.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Cautionary Note Regarding Forward-Looking Statements</b></p><p xmlns="http://www.w3.org/1999/xhtml">This press release contains statements that constitute &#34;forward-looking statements&#34; 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&#39;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&#39;s prospects is included in its annual and quarterly reports filed with the U.S. Securities and Exchange Commission, available at <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4740248-1&amp;h=3662142351&amp;u=https%3A%2F%2Fwww.sec.gov%2F&amp;a=www.sec.gov" target="_blank" rel="nofollow">www.sec.gov</a>. The Company undertakes no obligation to update these statements except as required by law.</p><p xmlns="http://www.w3.org/1999/xhtml">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.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Contacts</b></p><p xmlns="http://www.w3.org/1999/xhtml">Media:<br xmlns="http://www.w3.org/1999/xhtml"></br>Gasthalter &amp; Co.<br xmlns="http://www.w3.org/1999/xhtml"></br>(212) 257-4170<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" href="mailto:canton@gasthalter.com" target="_blank" rel="nofollow">canton@gasthalter.com</a></p><p xmlns="http://www.w3.org/1999/xhtml">Investors:<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" href="mailto:ir@cantonstrategic.com" target="_blank" rel="nofollow">ir@cantonstrategic.com</a></p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">X:</b> @CantonStrategic<br xmlns="http://www.w3.org/1999/xhtml"></br><b xmlns="http://www.w3.org/1999/xhtml">LinkedIn:</b> Linkedin.com/CantonStrategicHoldings<br xmlns="http://www.w3.org/1999/xhtml"></br><b xmlns="http://www.w3.org/1999/xhtml">Website:</b> <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4740248-1&amp;h=346190268&amp;u=http%3A%2F%2Fwww.cantonstrategic.com%2F&amp;a=www.cantonstrategic.com" target="_blank" rel="nofollow">www.cantonstrategic.com</a> </p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=NY13535&amp;sd=2026-07-28"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/three-new-directors-elected-to-the-board-of-canton-strategic-holdings-inc-302836429.html" target="_blank">https://www.prnewswire.com/news-releases/three-new-directors-elected-to-the-board-of-canton-strategic-holdings-inc-302836429.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Canton Strategic Holdings, Inc.</p>

Canton Strategic Holdings announced the election of three new directors—Sean Galvin, Pamela Carter, and Rishi Nangalia—effective July 13, 2026, strengthening governance as CNTN advances its Canton Network and Canton Coin treasury strategy. The hires inject capital-markets, legal, and fintech leadership that could accelerate institutional adoption and execution of the company’s digitization initiatives.

News insight

Three New Directors Elected to the Board of Canton Strategic Holdings, Inc.

AI summary

Sentiment rationale

Key facts

Corporate Developments