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MARKETS DAILY: Featured Story | Security Tokens and Tokenized Securities Are Not the Same Thing

CoinDesk Podcast Network

CoinDesk

Business News, News, Daily News, Tech News

4.7698 Ratings

🗓️ 27 December 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

Experimentation with tokenization is leading to growing confusion about terminology, and that is getting in the way of a deeper understanding of its potential, says Noelle Acheson. Today's episode is sponsored by CME Group. To get the show every day, follow the podcast here. For today’s featured story, Noelle Acheson reads her piece for CoinDesk: “Security Tokens and Tokenized Securities Are Not the Same Thing.”  Further reading: Overdue: Statement of Dissent on LBRY - From our sponsors: CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. These cash-settled contracts give full exposure to crypto performance without the hassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in a transparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more. Disclaimer: This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not permitted. The information herein should not be considered investment advice or the results of actual market experience. Past results are not necessarily indicative of future performance. Trading derivatives products involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. - This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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This episode of Markets Daily is sponsored by CME Group.

0:58.3

Music This episode of Markets Daily is sponsored by CME Group. Hello, this is Markets Daily from Coin Desk.

1:01.9

I'm Noah Latchison here with your featured story.

1:04.6

Today, I update a piece I wrote earlier this year that looks at confusing terminology

1:09.6

around tokenization. Its title is

1:12.4

Security tokens and tokenized securities are not the same thing.

1:21.6

Here we go.

1:23.6

Tokenization is back. Some of you may remember the heyday of 2017 to 18 when everything was going to be tokenized and put on the blockchain.

1:33.3

Banks were lining up to launch proofs of concept, but clients were thin on the ground.

1:39.3

Now, experimentation has spread well beyond the initial cohort, and even regulators are turning

1:45.8

their attention to the topic.

1:48.1

Along with greater interest comes greater confusion.

...

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