There is a movement afoot to redesign the U.S. equities market by issuing shares in the form of digital tokens that can be traded around the clock, and where trades are cleared and settled instantly. The market for these tokenized shares is still nascent, but the technology got a boost on Wednesday when Wall Street giant Cantor Fitzgerald announced a partnership to help companies issue stock on the blockchain when they go public.
Cantor’s partnership is with Securitize, a Miami-based firm that specializes in creating blockchain-native shares that, from a regulatory perspective, closely resemble traditional securities.
