Digital asset platform Securitize partnered with computer sharing Enabling the company to issue tokenized shares alongside more traditional securities.
Computershare is a global financial management company that serves as a transfer agent and registrar for companies. Computershare provides tools to manage share registration, employee equity plans, and proxy voting. The company also allows individual investors to own and manage shares directly. Computershare currently works with more than 25,000 companies worldwide, including big names like Microsoft, Amazon, and Tesla.
According to Securitize, Computershare can now support US customers with tokenized shares. Issuers can add Issuer Sponsored Tokens (ISTs) alongside traditional stocks. This includes the Direct Registration System (DRS).
Securitize says the “milestone is a major step forward for tokenization, opening the door for millions of investors to hold stocks in tokenized form.”
Carlos DomingoSecuritize’s co-founder and CEO says that by partnering with the world’s largest transfer agent, they are creating the largest path to tokenized securities.
“ISTs do not rely on derivative tokens that sit on top of the underlying shares and do not replace the underlying capital. Our work with Computershare connects the technology needed to support the tokenization of assets with deep issuer services expertise, providing U.S. issuers with the ability to establish direct equity ownership in token form.”
Ann BoweringThe CEO of Computershare Issuance Services in North America said they designed ISTs to work within the existing regulatory ecosystem.
Tokenized assets, or digital securities, are widely considered the future of securities. By utilizing technology, processes can be facilitated, automated and costs reduced. Updates are being made to the global regulatory environment today to enable tokenized assets.
