Bullish, Equiniti, and fintech partners form coalition for issuer-backed tokenized stocks
Bullish, Equiniti, Alpaca, Apex Fintech Solutions, and DriveWealth have formed an industry coalition to set standards for issuer-backed tokenized securities and link onchain shares to official shareholder records.
Trading and financial services firms Bullish, Equiniti, Alpaca, Apex Fintech Solutions, and DriveWealth have teamed up to form an industry group focused on issuer-sponsored tokenized securities. Known as the Issuer Sponsored Token Coalition, the organization aims to establish formal standards for tokenized securities.[1][2][3]
The coalition seeks to link onchain shares directly to official corporate shareholder records, according to CoinDesk. The move follows the U.S. Securities and Exchange Commission's innovation exemption for tokenized stock trading.[3]
The group's initiative could influence global securities markets by establishing cross-border standards for tokenized assets and enhancing interoperability across market systems.[2]
Key facts
- Bullish, Equiniti, Alpaca, Apex Fintech Solutions, and DriveWealth formed an industry group focused on issuer-sponsored tokenized securities.
- The Issuer Sponsored Token Coalition was launched to set standards for tokenized securities.
- The coalition aims to link onchain shares to official shareholder records.
- The group's formation follows the U.S. SEC's innovation exemption for tokenized stock trading.
- The coalition's efforts could establish cross-border standards for tokenized assets and enhance interoperability.
Sources · 3 sources
- CO
CoinDesk@CoinDeskPost on X ·
Bullish, Equiniti, Alpaca, Apex Fintech Solutions and DriveWealth teamed up to form an industry group focused on issuer-sponsored tokenized securities. https://t.co/nO1PI1Q6Mn
Open source - CB
Crypto BriefingArticle ·
Bullish and Equiniti launch Issuer Sponsored Token Coalition to set standards for tokenized securities The coalition's efforts could redefine global securities markets by establishing cross-border standards for tokenized assets, enhancing interoperability. The post Bullish and Equiniti launch Issuer Sponsored Token Coalition to set standards for tokenized securities appeared first on Crypto Briefing .
Open source - CO
CoindeskArticle ·
Bullish, Alpaca, Apex Fintech and DriveWealth form coalition to push issuer-backed tokenized stocks The group aims to link onchain shares to official shareholder records following the U.S. SEC's innovation exemption for tokenized stock trading.
Open source