On November 2, the NYSE announced that four firms, Broadridge, Computershare, Equiniti and Superstate, have become part of the group backing its planned tokenized securities venue. They add to earlier partners Securitize and tZERO. The venue is still short of a live public market, since its launch awaits additional steps such as regulatory approval. Transfer agents keep official shareholder records and carry out issuer functions. The article says a token representing a security also depends on title records, corporate-action processing and investor entitlements, since recording a security on a ledger alone cannot guarantee proxy voting, dividends or legal recognition. Broadridge separately described plans for on-chain governance services.
Why it matters: It signals that established infrastructure firms are being folded into possible tokenized recordkeeping and settlement, which bears on whether tokenized shares can work with existing corporate records.
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