SEC Tokenized Stocks Risk Market Fragmentation

May 22, 2026 - 08:15
SEC Tokenized Stocks Risk Market Fragmentation
The US Securities and Exchange Commission’s move to allow third parties to list tokenized stocks could risk two structural disruptions with liquidity and revenue fragmentation, according to Tiger Research. Liquidity fragmentation may occur as capital disperses from centralized exchanges across multiple blockchain platforms, said Tiger Research director and head of research Ryan Yoon on Friday....

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