Wall Street's Push for Tokenized Stocks Faces Institutional Hesitation

Wall Street is making strides in advancing tokenized stocks and extending trading hours, yet institutional investors are exercising caution. According to NS3.AI, the persistence of T+1 settlement in U.S. equities poses challenges, as instant settlement would necessitate prefunding. Additionally, the emergence of multiple tokenized versions of the same stock across various platforms could lead to fragmented price discovery, complicating market dynamics.