Securitize, Computershare open path for $70 trillion U.S. stocks to move onchain

Securitize and Computershare have partnered to bring tokenized equities, known as Issuer-Sponsored Tokens (ISTs), to the U.S. stock market, potentially impacting $70 trillion in assets. This collaboration allows public companies to issue blockchain-based shares alongside existing ones, offering investors the choice between traditional holding systems or digital wallets. The initiative aims to integrate tokenized shares within current market regulations, facilitating direct ownership and faster settlements without relying on derivative tokens. Computershare, a major transfer agent serving a significant portion of the S&P 500, will manage records and corporate actions for these tokenized shares, ensuring issuers maintain control over their shareholder base. This move bridges traditional Wall Street infrastructure with blockchain technology, enabling real-world assets to be managed on blockchain networks.

(Source：CoinDesk)