CoinJie.com reports that the Securities Transfer Association (STA), an industry organization for U.S. securities transfer agent providers, sent a letter to the U.S. Securities and Exchange Commission (SEC), calling for future rules on tokenized securities to prioritize tokenized stocks that are authorized by listed companies and recorded in the official shareholder register, rather than stock tokens issued on third-party platforms. STA believes that third-party stock tokens may expose investors to platform, custody, and counterparty risks, and weaken shareholders’ rights.
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