‘Wall Street on a blockchain’ isn’t tokenization endgame: Kraken exec
A Kraken executive told Cointelegraph that tokenized equities shouldn’t just copy Wall Street onto the blockchain but reinvent how users access financial assets.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A Kraken executive told Cointelegraph that tokenized equities shouldn’t just copy Wall Street onto the blockchain but reinvent how users access financial assets.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
CLARITY Act splits Wall Street and crypto as Goldman Sachs breaks with banks and Charles Hoskinson backs Warren
The revised CLARITY Act is exposing unusual divisions across Wall Street, Washington and the crypto industry as lawmakers struggle...
Crypto promised to eliminate stockbrokers, but 94% of its tokenized market now relies on an Alpaca
Alpaca says it custodies more than $1.5 billion of shares backing tokenized equities, which, by public tracker measurements, would...
The $25 million Bitcoin glitch hiding inside Wall Street’s clearinghouses
Two Wall Street trading desks can hold economically similar exposure to Bitcoin and still pay materially different amounts to keep...
Kuwait denies Wall Street Journal report on military strikes against Iran, rattling already nervous crypto markets
Kuwait denies WSJ report on airstrikes against Iran. The geopolitical uncertainty adds volatility risks for Bitcoin and crypto tra...
Samsung Wallet is getting native stablecoins – and it could make one token the default for 800M users
Some crypto investors raised an eyebrow this week when Samsung, in its official Galaxy Unpacked recap, said updates to Wallet “wil...
Robinhood Chain's real-world assets jump fivefold as tokenized stocks start trading in bigger size
The chain built to put equities onchain has tripled in size since mid-July, and a dozen tokenized stocks are now each clearing $50...