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Cuomo Says Tokenized Stocks Bring 'Radical Change' to Markets

Original: Tokenized Stocks Bring ‘Radical Change’ to Markets, Cuomo Says

Chris Cuomo said tokenized stocks represent a 'radical change' to financial markets, according to a Wall Street Journal report. Tokenization puts shares of companies on blockchains as digital tokens, allowing around-the-clock trading and easier fractional ownership. The comments add to a growing debate among regulators, exchanges and investors over whether blockchain-based stock trading will reshape traditional equity markets or introduce new risks.

Why now: Tokenization of equities is a fast-growing topic as Wall Street and crypto firms push blockchain-based versions of traditional stocks.

Chris CuomoWall Street Journaltokenized stocks

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