{"id":1595,"date":"2026-03-17T03:09:23","date_gmt":"2026-03-17T03:09:23","guid":{"rendered":"https:\/\/stock999.top\/?p=1595"},"modified":"2026-03-17T03:09:23","modified_gmt":"2026-03-17T03:09:23","slug":"the-next-big-thing-in-crypto-will-be-tokenized-stocks-here-are-the-likely-winners-and-losers","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=1595","title":{"rendered":"The next big thing in crypto will be tokenized stocks: Here are the likely winners and losers"},"content":{"rendered":"<p><img src=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2026\/03\/GettyImages-2266129843-e1773661541728.jpg?w=2048\" \/><\/p>\n<p>Crypto has no shortage of detractors, but even they would concede the industry has produced massive innovations, including Bitcoin and stablecoin payment rails, that have had a profound effect on global commerce. Now, another crypto invention is on the cusp of introducing disruption on a similar scale: Blockchain-based stock trading, which got a big vote of confidence from both NYSE and NASDAQ this month, and is poised to deliver big changes for both investors and companies.<\/p>\n<p>Robinhood CEO Vlad Tenev memorably described tokenized stocks as an unstoppable \u201cfreight train.\u201d The arrival of that train will depend on how fast regulators can supply a legal framework, but Tenev\u2019s basic premise is sound. The more interesting question is which firms will lead this coming wave of disruption, and which will be left out.<\/p>\n<p>According to Sebastian Pedro Bea, a former BlackRock executive who is now CIO at crypto firm ReserveOne, the emerging world of tokenized stocks is being led by offshore players and by U.S.-based \u201ccompliant disruptors.\u201d Bea includes in this category the likes of Securitize, Superstate and Figure, which have little in the way of trading volume, but that are laying the groundwork to allow Fortune 500 companies to issue their shares on-chain. Once this happens, a whole range of corporate activities\u2014from paying dividends to proxy votes to settling trades\u2014will become far more efficient.<\/p>\n<p>In a recent chat, Bea also pointed to leading offshore players Kraken and Ondo, which are offering a very different type of blockchain-based stocks. Namely, these firms are using special purpose vehicles to purchase large quantities of stocks like Apple and Tesla, and selling tokens that provide a legal claim to the stock. These offerings are basically derivatives that don\u2019t provide the full advantages of blockchain, but their tokenized wrappers mean trades can be settled instantly.<\/p>\n<p>For now, the market for all this is relatively small\u2014perhaps $2 billion across all platforms. This is likely to change, though, since key figures at the Securities and Exchange Commission are supportive of tokenized equities, and as the country\u2019s most prestigious stock exchanges, NYSE and NASDAQ, recently announced tie-ups with OKX and Kraken, respectively. All of these companies, including Bea\u2019s \u201ccompliant disruptors,\u201d and Coinbase and Robinhood, are likely to be key players in the coming tokenization of the stock market. In doing so, they will create a more decentralized type of stock market.<\/p>\n<p>Then there are those on the receiving end of the disruption. This is likely to be the legions of middle-men who oversee the current system of clearing and settling trades, whose roles stand to become obsolete. As Superstate notes in a helpful blog post \u201cWhat really happens when stocks trade\u201d: \u201cU.S. equity markets still run on architecture designed for a different era \u2026 Settlement is delayed by design. Risk is warehoused in intermediaries built for reconciliation, not execution.\u201d<\/p>\n<p>The rise of tokenized stocks means the equity markets of the future will be built around instant execution. At this point, it\u2019s not a question of if but when.\u00a0<\/p>\n<p>Jeff John Roberts <br \/>jeff.roberts@fortune.com<br \/>@jeffjohnroberts<\/p>\n<p>DECENTRALIZED NEWS<\/p>\n<p>A new investigation reveals a Binance wallet registered to a 79-year-old Chinese man transferred nearly $400 million to Iran-linked entities\u2014one of several transactions that raise questions about the rigor of the company\u2019s compliance program. (Fortune)<\/p>\n<p>Accounting startup Cryptio raised a $45 million Series B led by BlackFin Capital and Sentinel Global. The startup\u2019s software helps big firms track their crypto assets. (Fortune)<\/p>\n<p>One of the hottest venues for oil trading is Hyperliquid, which has seen daily volume for a perpetual futures contract reach $1.7 billion, a 250-fold increase since before the war. The contracts track the price of Texas crude and are settled in USDC. (Fortune)<\/p>\n<p>The hot new thing on Polymarket is short-term crypto contracts that let people wager on where the price of Bitcoin will move over the next 5 minutes. (Bloomberg)<\/p>\n<p>The price of $TRUMP jumped 54% after the memecoin\u2019s X account announced the President would convene a conference and luncheon gala for its 297 top holders next month. It\u2019s unclear if POTUS would attend. (WSJ)<\/p>\n<p>MAIN CHARACTER OF THE WEEKStanley Druckenmiller, chairman and chief investment officer of Duquesne Family Office.<\/p>\n<p>Michael Nagle\u2014Bloomberg\/Getty Images<\/p>\n<p>Billionaire trader Stan Druckenmiller takes the main character title for this week for his prediction that global payments will run on stablecoin rails in 15 years.<\/p>\n<p>MEME O&#8217; THE MOMENTFed Chair Jerome Powell has been working out.<\/p>\n<p>@pixhel_eth<\/p>\n<p>The reputation of Fed Chair Jerome Powell, who has bravely defended the agency\u2019s independence, got another boost after a federal judge threw out criminal charges against him as politically-motivated flim-flam.<\/p>\n<p>#big #crypto #tokenized #stocks #winners #losers<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto has no shortage of detractors, but even they would concede the industry has produced&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[245],"tags":[237,1353,610,3659,1354,3660,3662,221,3661,2493],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/1595"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1595"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/1595\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}