The European Securities and Markets Authority (ESMA) warned on Monday that blockchain-based “tokenized stocks” risk causing investor misunderstanding because they generally do not confer shareholder rights despite tracking a company’s share price. ESMA executive director Natasha Cazenave told a Dubrovnik conference that several fintech firms offer products that give exposure to listed equities or derivatives […]
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EU Regulator Warns Tokenized Stocks May Cause Investor Misunderstanding
