To Andrew Bull, the founding legal partner at Bull Blockchain Law, it’s only a matter of time until U.S. regulators approve tokenized stocks.
“The U.S. will undoubtedly allow for tokenized stocks to trade at some point in the future, but like the current Bitcoin ETF situation going on in the U.S., the transactional timeline for where funds come from in the token context is not yet satisfactory,” said Bull. “Adoption will most likely take significantly longer due to regulatory hurdles that may simply boil down to a desire to stick with the current infrastructure.”
This article was provided by Bloomberg News.