Mar. 19 at 3:35 AM
$IBRX $SOXL $XBI $TNA $FAZ
Patrick Soon-Sshiong and his co's are all disrupters!
Man is a genious always inovating and ahead of his time!
ROBINHOOD's Tenev memorably described tokenized stocks as an unstoppable “freight train.” The arrival of that train will depend on how fast regulators can supply a legal framework, but Tenev’s basic premise is sound. The more interesting question is which firms will lead this coming wave of disruption, and which will be left out.
According to Sebastian Pedro Bea, a former BlackRock executive who is now CIO at crypto firm ReserveOne, the emerging world of tokenized stocks is being led by offshore players and by U.S.-based compliant disruptors. Bea includes in this category the likes of Securitize, Superstate and Figure, which have little in the way of trading volume, but that are laying the groundwork to allow Fortune 500 companies to issue their shares on-chain. Once this happens, a whole range of corporate activities from paying dividends to proxy vo