Tokenized Stocks Face Early Adoption Hurdles, Mirroring Digital Music’s Evolution
Tokenized stocks currently represent a technological step backward from traditional equity markets, echoing the early struggles of digital music adoption. Regulatory uncertainty and platform limitations have created a fragmented landscape where eight major providers offer restricted access—mostly in the E.U., with only one U.S.-exclusive service.
The infrastructure remains decidedly non-crypto native, burdened by compliance-driven restrictions and operational inefficiencies. Yet this mirrors the MP3 revolution's trajectory: Napster's chaotic beginnings ultimately gave way to seamless streaming ecosystems. Market participants anticipate similar maturation for blockchain-based securities.