News list for "security tokenization"
The SEC released a statement on the tokenization of securities, saying that blockchain technology has opened up a new model for the issuance and trading of securities in the form of "tokenization". Tokenization has the potential to promote capital formation and enhance the ability of investors to use their assets as collateral. However, despite its great potential, blockchain technology does not have the "magic" to change the nature of the underlying asset. Tokenized securities are still securit...
Coinbase is restarting plans to tokenize its COIN shares and other securities in the U.S. after the Securities Exchange Commission formed a new cryptocurrency task force. The plan was first attempted in 2020 but abandoned due to regulatory hurdles. With the SEC's new cryptocurrency task force, the company sees new opportunities to integrate blockchain into traditional finance. Coinbase CFO Alesia Haas at Morgan Stanley TMT.
