ETF tokenization is still in the experimental stage, but once it is operational, issuance/clearing/share registration will all need to be rewritten.

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CryptoFrontier
JPMorgan: Tokenization Will Transform Funds Industry, But 'Good Use Cases' Years Away
JPMorgan's global head of ETF product, securities services, Ciarán Fitzpatrick, stated that tokenization will drive change across the entire funds industry, according to a post from Friday. Fitzpatrick noted that while experimentation with tokenizing ETFs is ongoing, the bank estimates it will be "a
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