What 4 Million Tokenized-Stock Wallets Say, and Don’t Say, About Adoption

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Tokenized stocks are splitting between rights-bearing shares and freely transferable exposure tokens. Holder data suggests portability matters, with important c

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Retail adoption of tokenised assets is driven by convenience, not rights-first design, as seen in the growth of holders of transferable tokens. The holder numbers suggest a preference for tokens that are easy to hold and move, rather than those with restricted rights.