Tokenized-stock mania raises regulatory alarms globally

Crypto firms are racing to issue tokens pegged to public equities, but critics warn these synthetic products often lack ownership rights, consistent disclosures, and can heighten counterparty risk. Some token issuers mirror derivatives rather than true equity exposure. Regulators in the U.S. and Europe are scrutinizing whether these instruments erode market integrity or fragment liquidity. The trend is especially significant as tokenization gains traction across exchanges. (Reuters)