You Can Now Own Tokenized Shares of SpaceX Stock - BeInCrypto
Security tokens offer great promise. We will see a change in the way securities are issued. For now, one company is tokenizing SpaceX stock and offering it on the secondary markets. It should be noted this is not associated with the SpaceX company. The company is buying the shares and tokenizing them.
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This is the kind of issue the IMF were discussing today. What is to stop the tokenising company from disappearing at some point, leaving the tokens worthless? They are essentially reselling micro-shares.