Bullish and Three Fintech Firms Form Tokenized Stock Coalition
Bullish, Alpaca, Apex Fintech and DriveWealth have joined forces to promote issuer-backed tokenized shares tied to official shareholder records.
Bullish, Alpaca, Apex Fintech and DriveWealth have formed a coalition to advance issuer-backed tokenized stocks, according to CoinDesk.
The coalition wants shares represented onchain to connect with issuers’ official shareholder records. That link is the central goal outlined for the group.
The initiative follows the U.S. Securities and Exchange Commission’s innovation exemption for tokenized stock trading, placing the effort within a changing regulatory framework.
Source: CoinDesk
