Regulators should require tokenized stocks to provide identical rights to traditional shares

How governments worldwide set rules for digital assets through legislation, agency rulemaking, licensing regimes and court fights.

Traditional assets like treasuries, funds, stocks and real estate brought onto blockchains as tradable tokens.

Moving stocks, bonds, and other securities onto blockchains as tokenized assets, and the debates over investor protection, trading hours, and settlement.

Putting shares on blockchains raises questions about market hours, legal ownership and who controls where shares can trade.