I’ve been investing in stocks for 45 years. In that time I’ve watched Wall Street repackage the same product about a dozen different ways, always with the same promise: This time it’s faster, cheaper, and finally fair to the little guy.
And recently, they got their newest wrapper approved.
The Securities and Exchange Commission issued what it’s calling an “Innovation Exemption,” clearing a path for tokenized stocks to trade on blockchain platforms. If that sentence meant nothing to you, don’t worry. The important part isn’t the technology. It’s what the technology is designed to make you do.
A tokenized stock, in plain English, is a digital…
Read the full article at MONEYTALKSNEWS.COM
