Transfer agents are urging the SEC to prioritize issuer-backed tokenized stocks and ETFs over unaffiliated versions to protect shareholder rights. Continental Stock Transfer & Trust Company and the Securities Transfer Association are calling for clear distinctions between issuer-sponsored tokens and third-party tokens to ensure investor protection, issuer authorization, and market integrity. Regulated tokenization projects by NYSE, Nasdaq, and DTCC are expanding, with the SEC being asked to prioritize approved tokenization programs and impose investor safeguards for unaffiliated products.

Leave a Reply