Wall Street transfer agents lobby SEC, warning that third-party tokens pose risks to market integrity

The Securities Transfer Association, an industry group for transfer agents, said company-authorized tokenization should receive preferential treatment under future rules.

• An industry group for transfer agents is urging the SEC to favor issuer-sponsored tokenized shares over third-party stock tokens as it writes rules for moving U.S. equities onto blockchains.
• The group argues that only issuer-authorized tokens recorded in official shareholder registers should qualify as true tokenized stock, warning that synthetic and other third-party models can blur investor rights and add platform and custody risks.
• Some, however, say that regulators should distinguish between issuer-backed, custodial and synthetic structures, as Wall Street and crypto firms race to build a multitrillion-dollar tokenized securities market.

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Beyond the Risk-Free Rate: Diversified Real World Yield in Productive Stablecoins

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters :

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Palantir's Europe head warns the region is 'missing the boat' on AI just as it did with the internet

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Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.