Tokenized-stock industry group expands to five members

Bullish, Equiniti, Alpaca, Apex Fintech Solutions and DriveWealth have formed an industry group focused on issuer-sponsored tokenized securities, aiming to link onchain shares to official shareholder records. The coalition is organizing around the SEC's recent Innovation Exemption, which lets blockchain venues list tokenized securities with full shareholder rights, and now spans five firms across exchanges, brokerage infrastructure and share-registry services.

• The group promotes issuer-backed tokenized stocks tied to official shareholder records.
• Equiniti and DriveWealth join the coalition originally announced by Bullish, Alpaca and Apex Fintech.