Bullish, Alpaca and Apex Fintech 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.
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Summary
- Bullish, Equiniti, Alpaca, Apex Fintech Solutions and DriveWealth teamed up to form an industry group focused on issuer-sponsored tokenized securities.
- The group aims to advocate for tokenized shares to remain tied to official shareholder records, preserving voting, dividend and other ownership rights.
- The effort comes as brokers, issuers and regulators debate the difference between tokenized shares and synthetic products that only track prices.
