Securitize and Computershare promote $70 trillion worth of U.S. stocks to be tokenized on the blockchain

Crypto World News reports that Securitize and Computershare are promoting the tokenization of the $70 trillion U.S. stock market by bringing stocks onto the blockchain through tokenized shares, making traditional Wall Street infrastructure more blockchain-friendly. The protocol allows listed companies to add tokenized equity alongside existing shares (called Issuer Sponsored Tokens, ISTS), giving investors the option to hold shares through traditional systems or digital wallets. This effort aims to enable tokenized stocks to function within current market regulations while offering new methods for asset ownership and transfer. Computershare, as the transfer agent, is responsible for maintaining shareholder records and handling corporate actions. Securitize provides the underlying technology, and Computershare will act as the transfer agent for the tokenized shares, managing records and processing events like dividends. Computershare services over 25,000 companies, managing approximately 58% of the S&P 500 shareholder base.