๐Ÿšจ Tokenized Stocks Face a Demand Problem ๐Ÿ“‰

The SEC recently opened a new path for tokenized stock trading in the U.S., but TD Cowen expects limited near-term demand from both retail and institutional investors.

Why?
โ€ข ๐Ÿ‡บ๐Ÿ‡ธ U.S. investors already have easy access to traditional shares
โ€ข ๐Ÿ’ง Tokenized markets may face thinner liquidity
โ€ข โš™๏ธ Added operational complexity could limit adoption
โ€ข ๐Ÿ• 24/7 trading doesnโ€™t guarantee better pricing
โ€ข ๐Ÿข Many stock issuers reportedly show little interest in tokenization

One example: 99.9% of Figureโ€™s notional trading reportedly took place through its traditional listed shares rather than its blockchain-based version.

Meanwhile, perpetual futures could see stronger demand from crypto-native traders seeking leveraged exposure.

Will tokenized stocks eventually find a real use case beyond 24/7 trading?

#dyor #NFAโœ