• Cryptocurrencies,  Technology

    Securitize Brings the $69 Trillion Stock Market Onchain

    Most tokenized stocks are shares held in trust for buyers

    Real-world asset tokenization firm Securitize has teamed up with transfer agent Computershare to offer tokenized stocks directly from the issuing company. Unlike most current tokenized stocks, these are real shares issued by a company rather than a third-party-issued token backed by traditional stocks held in trust. These third-party tokens lack the full shareholder rights of traditional stocks, including governance voting rights, dividends, and stock splits. The Securitize issuer-sponsored tokens (IST) will have all the rights of traditional shares and be issued alongside them. They can be held in digital wallets along with cryptocurrency holdings. The move comes as third-party tokenized stock issuers work to give stockholders access to full rights.…