Coinbase CEO Brian Armstrong has called for tokenized stocks to carry full backing from real securities as the exchange seeks to connect global investors with a U.S. equity market valued at more than $70 trillion. Armstrong said in an X…

The U.S. Securities and Exchange Commission has proposed replacing decades-old transfer agent rules with a framework that would recognize blockchain ledgers as official securities ownership records. SEC proposal could remove duplicate ownership records The SEC said its proposed transfer agent…