20-05-2026 17:16 via technocracy.news

Double Tokenization? America Is About To Have Two Stock Markets

The SEC is about to legalize knock-off versions of US stocks that look and trade like the real thing but aren’t. A token that tracks Apple’s price but isn’t actually Apple stock. Apple didn’t issue it, didn’t approve it, and it may carry no shareholder rights at all. A third party can create it without permission. This is insanity of the highest order. ⁃ Patrick Wood. Editor.When the SEC publishes its innovation exemption for tokenized stocks, which Bloom
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