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33 Major Companies Block Tokenized Versions of Their Stocks on Blockchain Platforms
(3 hours ago) · 1 source · Summarized by CryptoBipto
Thirty-three large publicly traded companies have reportedly taken steps to block the creation of tokenized versions of their stocks on blockchain platforms. Meanwhile, major companies like Apple and Tesla have not taken similar action, leaving the door open for tokenized representations of their shares.
WHY IT MATTERS
Imagine you could buy a tiny digital version of a share in a big company like Apple, trade it anytime day or night, and do it all on a blockchain — that is essentially what tokenized stocks aim to do.
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SOURCES
- beincrypto.com
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Tokenized SecuritiesTraditional FinanceBlockchain RegulationStock Market