Equiniti CEO Kramer Pushes Tokenized Securities at Nasdaq
Equiniti's CEO Dan Kramer made a case for tokenized securities on the Nasdaq stage, proposing an 'integrated tokenization model' that combines blockchain-native stock representation with traditional legal frameworks.
The integrated tokenization pitch emphasizes that tokenized securities should carry complete shareholder rights, including voting power and dividend entitlements. This approach positions Equiniti as the legal system of record for shares existing as tokens on a blockchain.
Kramer has been vocal about the risks of third-party tokenized instruments operating outside issuer-sanctioned frameworks, which can result in synthetic instruments that lack legal weight. The Nasdaq SEC greenlight for token-settled equity trades validates Equiniti's business model and positions the company to benefit from this development.