Securitize provides the underlying technology, but like other recent efforts in the space, the blockchain component sits mostly in the background. The tokens are designed to represent direct ownership, not derivatives layered on top of existing stock.

“ISTs do not rely on derivative tokens that sit on top of underlying shares,” said Securitize CEO Carlos Domingo. “They provide U.S. issuers with the ability to create direct equity ownership in token form.”

Computershare’s reach could give the effort scale. The firm serves more than 25,000 companies and acts as a transfer agent for about 58% of the S&P 500.

The structure also keeps issuers in control of their shareholder base, a key requirement for public companies. “Our focus has been to empower U.S.-listed companies to issue tokenized equity while retaining control,” said Ann Bowering, CEO of issuer services at Computershare North America.

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Fence co-founders Juan Montero (left) and Ignacio Rosario (Fence)

Startup Fence uses blockchain technology and tokenization in the background to automate processes that many asset managers still rely on manual workflows.

What to know:

  • Fintech firm Fence raised $20 million in a funding round led by Galaxy Digital to modernize the largely manual $6 trillion asset-backed finance market.
  • The startup uses blockchain, smart contracts and tokenization behind the scenes to automate loan tracking, reporting and payments, but it doesn’t want to be seen as…

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