Securitize, backed by BlackRock, and Computershare have partnered to tokenize parts of the $70 trillion U.S. stock market. This initiative allows listed companies to offer tokenized equities, known as Issuer-Sponsored Tokens (ISTs), alongside traditional shares. Investors can choose to hold stocks through conventional systems or digital wallets, enhancing asset management flexibility and settlement speed.
Computershare will serve as the transfer agent for these tokenized shares, maintaining shareholder records and managing corporate actions like dividends and stock splits. Securitize provides the blockchain technology, ensuring that ISTs represent direct equity ownership rather than derivatives. This collaboration aims to integrate blockchain into existing market structures, potentially scaling through Computershare's extensive network, which includes 58% of the S&P 500.
Securitize and Computershare to Tokenize U.S. Stock Market
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