A recent dispute between AMC Entertainment CEO Adam Aron and Robinhood highlighted that issue, centering on whether synthetic or tokenized products may leave investors with economic exposure to a stock but without the same legal rights as registered shareholders. Issuer-sponsored models aim to narrow that gap by tying the token directly to the issuer’s records.
“The architecture we establish now matters and that is why we are bringing together this group of leading firms to chart the course,” said Tom Farley, CEO of Bullish.
Alpaca said it plans to contribute to interoperability between traditional securities and onchain markets through its Instant Tokenization Network.
“Tokenization creates an opportunity to connect issuers and investors in ways that weren’t possible with traditional market infrastructure,” said Arush Sehgal, head of digital assets at Alpaca. “Getting it right means preserving shareholder rights and ensuring…