The coalition's work follows a recent SEC exemption allowing limited onchain trading of U.S.-listed equities under certain conditions. The initiative responds to a dispute between AMC CEO Adam Aron and Robinhood over whether tokenized products leave investors with economic exposure but not the legal rights of registered shareholders. Bullish CEO Tom Farley said the group aims to set the architecture for issuer-backed tokens tied directly to issuer records. Alpaca plans to contribute via its Instant Tokenization Network, while Apex Fintech Solutions said the group could establish standards connecting tokenized markets to existing systems.

AI summary of the linked source — not editorial content.

Story signal · how it spread on X · via Elfa

as of
3 accounts 1 report thread quiet

First post (Leviathan +8.7 h later) · @Bullish · @wublockchain12 · @CoinDesk

Social-monitoring data, not investment advice Elfa post text from Xas of

Explore the topic

Loading related coverage…

Explore the full feed

Comments

Loading comments…