Original author: Lawyer Shao Jiadian What is equity tokenization? "Stock Tokenization" refers to the process of converting company shares (equity) into digital tokens issued on the blockchain, with each token representing ownership similar to traditional shares. In other words, you no longer hold physical stock certificates but instead hold equity tokens recorded on the blockchain. These tokens can be managed, transferred, and traded electronically. This concept was born during the blockchain wave in the late 2010s. In 2016, Overstock.com became the first publicly traded company to issue stock via blockchain; during the ICO frenzy of 2017-2018, many believed that Security Token Offerings (STOs) would become the next trend. Startups like Harbor raised tens of millions of dollars in funding, attempting to use blockchain to enhance the liquidity of private equity. However, due to a lack of...

Author: @BlazingKevin\_, the Researcher at Movemaker Under the expectation of "de-regulation" that Trump may bring, the long-dormant tokenized stock sector is reigniting in 2025 with a new look of RWA. Bringing the most liquid assets in the world—U.S. stocks—into the crypto industry allows crypto users worldwide to trade anytime and anywhere, which is undoubtedly a grand and enticing narrative. However, this road is not smooth. From the early concept of STOs, to the synthetic asset experiments of DeFi Summer, and then to the brief attempts of FTX and Binance, the history of tokenized stocks is full of twists and turns. Today, with subtle changes in the regulatory environment, a new round of competition has begun. In this competition, three forces are emerging, representing three distinctly different paths: mutual

STOs tokenize real-world assets like real estate, equity, or debt, enabling fractional ownership and blockchain-based transparency. Compared to IPOs, STOs offer faster settlement, lower costs, and 24/7 trading via smart contracts on regulated platforms. Despite regulatory and technical

Author | @Web3\_Mario Abstract: As Trump's policies are being implemented one by one, attracting manufacturing back through tariffs, actively triggering stock market bubbles to pressure the Federal Reserve to cut interest rates and inject liquidity, and then promoting financial innovation through deregulation to accelerate industrial development, this set of strategies is truly changing the market. Among them, the RWA track under the favorable deregulation policies is also increasingly attracting the attention of the crypto industry. This article mainly introduces the opportunities and challenges of tokenized stocks. Overview of the Development History of Tokenized Stocks In fact, tokenized stocks are not a new concept. Attempts at STOs began in 2017. The so-called STO (Security Token Offering) is a financing method in the cryptocurrency field, which essentially digitizes and chains the rights of traditional financial securities using blockchain technology.

The South Korean conservative party PPP announced seven initiatives to promote the Crypto Assets ecosystem, including allowing Spot Crypto Assets ETF trading and lifting restrictions on cooperation rules between Crypto Assets exchanges and banks. The plan includes legalizing STOs, establishing a stablecoin regulatory framework, and proposing a fundamental bill to promote digital assets. South Korea will elect a new president on June 3, and the Financial Service Commission plans to lift restrictions on institutional investors and advance stablecoin regulatory legislation.

The South Korean People's Power Party has proposed a series of virtual asset policies, including the abolition of the "one exchange one bank" regulation, promoting institutional investment, introducing virtual asset ETFs, legislating STOs, regulating stablecoins, and establishing a basic law and tax system, aimed at comprehensively reforming the regulatory framework to promote the healthy development of digital assets.

The UAE has implemented comprehensive cryptocurrency regulations to protect investors and ensure market integrity. With laws covering virtual assets, licensing for exchanges, ICOs/STOs guidelines, and AML/CFT measures, the country aims to promote innovation in a secure environment.

Revolutionizing blockchain speed and security, Kaspa's GHOSTDAG protocol achieves 1 block/sec transaction speeds while Maker's MKR enables community-led governance in DeFi for DAI stablecoin, and Bitcoin SV scales with unlimited block sizes and 1M transactions/sec capacity.

Digital ledger and blockchain technology have gained significant traction in recent years, sparking widespread interest and innovation. With this growing popularity, several new terms and concepts have emerged in the market In today’s article, we’ll explore Security Token Offerings (STOs), what

DWF Labs is featured as a case study in UCLA Blockchain Faculty's book, The STO Financial Revolution. The case study provides insight into the practicalities of managing STOs and digital assets in the market. DWF Labs aims to support the growth of the industry through knowledge sharing by offering guest lectures.

Recently, the Hong Kong Securities and Futures Commission issued a circular to provide regulatory guidance on the development of "tokenized securities" in Hong Kong. Tokenized securities belong to a narrow branch of STO (security token issuance), which is still traditional securities in essence, but after tokenized on-chain issuance, it can bring higher transparency, lower circulation costs, and potential staking returns. Taking the lead in testing the waters of STOs in the form of "tokenized securities" is more suitable for the early stage when the regulation is not perfect and the risk cannot be fully controlled, and as the industry continues to mature, it is expected that more asset categories will be tokenized. The agency predicts that the scale of Hong Kong's STO is expected to reach trillions of US dollars in the future. Compared with the early ICO (Initial Coin Offering), the STO must be regulated by the relevant securities institutions and securities laws and regulations, and can be regarded as a "compliance-level ICO" with controllable risks. And it is more IPO