Advocates argue that tokenized stocks could eventually expand access to U.S. capital markets and enable continuous trading. Whether demand develops at a scale comparable to stablecoins remains an open question.

“The future of tokenized equities is not just putting price exposure onchain,” Backpack CEO Armani Ferrante said in a press release shared with CoinDesk. “It is making underlying securities portable across financial systems.”

Read more: Backpack launches BP token on Solana with 25% airdrop, no insider allocation

More For You

can privacy and security startups survive the financial upheavals of COVID-19? (Credit: Startaê Team/Unsplash)

In this week’s edition of The Protocol Newsletter, we’re looking at where privacy is headed in the Ethereum ecosystem.

What to know:

Welcome to The Protocol, CoinDesk’s tech newsletter covering the most important stories in blockchain. I’m Margaux Nijkerk, a reporter at CoinDesk.

We’re revamping the newsletter to bring you a deeper look at the biggest trends, breakthroughs and debates shaping blockchain technology each week.

This week, we’re diving into where privacy…

About the Author

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Stories