08:00 watch: trading venues sharpen controls around tokenized equity products

The next stage of tokenization depends on settlement, custody and investor protection. Updated for the current hour on September 21.
Tokenized equities are moving from concept toward market plumbing. Venues now need to show how records, custody and investor rights will work when blockchain rails meet traditional securities rules. This hourly edition updates the angle for September 21 at 08:00: what is important now, why the story remains relevant and what readers should track next.
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