Tokenized Securities vs Ownership: What Investors Really Own
Photo: CryptoPotato
When a platform offers a digital token linked to a listed company, the familiar name and matching price do not tell the investor what they own. The token itself is the blockchain-recorded instrument held in a wallet, while the underlying legal wrapper decides whether the holder has an ownership interest in the shares, an indirect interest through an intermediary, or only a separate stock-linked claim against another issuer. Revaz (Rezo) Shmertz , co-founder and Managing Partner of digital asset investment firm BR Capital and founder of Web3 research initiative Beyond Research Labs LLC (BR Labs), applies over 20 years of…
Source: CryptoPotato
