Bullish, Alpaca, and Apex Fintech Form Coalition for Tokenized Stocks
Key Facts
Bullish, Alpaca, and Apex Fintech have formed a coalition to link on-chain tokenized shares directly to official shareholder records. CoinDesk reported that the initiative focuses on ensuring that digital tokens represent legal ownership, preserving essential shareholder rights such as voting and dividends.
The move follows a U.S. Securities and Exchange Commission (SEC) innovation exemption that permits limited on-chain trading of tokenized equities. The group plans to establish technical standards for settlement and custody to bridge traditional market infrastructure with blockchain networks.
Latest Updates · 1
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Update: Equiniti has officially joined the group, now named the 'Issuer Sponsored Token Coalition'. Additionally, Bullish has been identified under the ticker symbol BLSH as part of the coalition's efforts to standardize tokenized equity frameworks.