Crypto race to tokenize stocks raises investor protection flags
Maria Simulescu
A race by crypto companies to sell tokens pegged to stocks is raising alarm bells among traditional financial firms and regulatory experts who warn that the fast-growing novel products pose risks to investors and market stability. Buoyed by President Donald Trump's pro-crypto stance and his administration's push for friendly regulations, the crypto industry is rushing to capitalize on a global surge in enthusiasm for the sector. Robinhood, Gemini and Kraken among others have launched tokenized
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