Cantex is pleased to announce that HECTO, the utility token of Hecto, is now available for trading on Cantex.io - The institutional-grade, decentralized exchange built natively on the Canton Network.
What is Hecto?
Hecto Finance is building an on-chain gateway to the pre-IPO economy on Canton Network, giving everyday investors access to private market exposure that has historically been reserved for institutions and accredited investors. At the heart of the protocol is Hecto Predictions - an upcoming on-chain prediction market where participants will be able to use their HECTO tokens to make predictions directly across binary markets.
Beyond Hecto Predictions
The prediction market is just the start. HECTO also serves as the governance token for Hecto's forthcoming tokenised private equity index, Hecto PMX, which will be backed by real pre-IPO share positions. Governance holders will be able to vote on index composition and future direction, with funds raised during the early phase used to acquire the underlying assets.
Hecto will also be launching Vaults. Institutional-grade vaults designed to provide direct cap-table access to some of the biggest private companies in the world, in collaboration with ROFR holders and institutional partners.
Hecto aims to bring direct exposure, tokenized ownership and compliance-first architecture to the Canton community.
Why this matters for Cantex
Listing HECTO on Cantex marks an important milestone for both platforms. Cantex prioritises the listing of assets with real utility that promote active ecosystem participation, and provides an institutional grade trading venue with the precision and efficiency that assets like HECTO require.
Every swap on Cantex is atomic, providing traders with fast, seamless swaps between HECTO and any other listed asset on Cantex. Using Cantex’s native self custody wallet, users can securely hold and trade HECTO - opening the door to one of Canton’s most innovative applications, with a clear roadmap towards real-world private market exposure.
A shared foundation
Both Hecto and Cantex are built natively on the Canton Network, with a natural synergy in the network's core infrastructure: privacy, real world integration, and atomic settlement. This represents more than just a token listing - It is a partnership between two teams committed to bringing real financial innovation on-chain.
HECTO is available to trade on Cantex.io now
