Wall Street can stop a tokenized share, but can it stop a stock perp?
Costco recently made news when it strongly objected to a blockchain version of its shares. And while the supermarket giant did raise a set of pretty valid concerns regarding the potential risks of tokenization, the probl...
Archive context
Published in the last two hours. It maps to an active market topic.
Costco recently made news when it strongly objected to a blockchain version of its shares. And while the supermarket giant did raise a set of pretty valid concerns regarding the potential risks of tokenization, the problem was that traders can actually already buy a blockchain-based contract (i.e., token) that follows its stock price. The company…
Read the full story on CryptoSlate
Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Why this matters
This maps to the Tokenization hub, so it can help confirm whether that theme is gaining breadth across the crypto news cycle.
Original source
Read on CryptoSlateRelated market context
Bitcoin Slides to a Seven-Week Low Near $75,200 as AI Stocks Drag Wall Street Lower
Bitcoin fell about 5.9% in the 24 hours to 3 a.m. ET Friday, sliding from about $80,360 to $75,620 on Binance as a selloff in arti...
OpenWorld launches tokenized OPNW shares on Solana
OpenWorld's tokenization of shares on Solana could revolutionize capital markets by enhancing liquidity, accessibility, and global...
Kalshi Users Pour $300 Million Into Stock Perps Within Hours of U.S. Debut
Kalshi, the CFTC-regulated prediction market, rolled out perpetual futures tied to individual U.S. stocks on Nov. 5 and said it is...
Base launches $100,000 builder competition for tokenized stock products
The competition could accelerate innovation in decentralized finance, potentially reshaping how stock markets operate and engage w...
ONDO to offer tokenized Anthropic shares to non-US investors at IPO
Ondo's tokenized shares initiative highlights growing global interest in blockchain-based investments in high-profile tech IPOs. T...
Elizabeth Warren poised to lead Senate Banking Committee and target Wall Street, crypto
Warren's leadership could intensify regulatory scrutiny, potentially reshaping financial industry practices and impacting crypto m...