Comprehensive Guide to Compliance for Tokenization of Equity in Non-Public Companies
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...
PANews·2025-11-24 05:07
