Crypto Firms’ Rush to Launch Stock-Linked Tokens Raises Alarm Bells Among Regulators

A growing number of crypto firms are rushing to issue tokens tied to real-world stocks, igniting concerns among regulators and Wall Street giants who warn that the unregulated market could expose investors to hidden risks. Key Takeaways: Major crypto firms like Robinhood, Gemini, and Kraken are launching tokenized stock trading. Many of these tokens lack ownership or voting rights, exposing investors to counterparty risks. Advocates argue regulated tokenization could improve transparency, efficiency, ...