Why Domingo Says Wall Street's Copycat Stock Tokens Break the Rules

Description

Securitize CEO Carlos Domingo lays out the three ways a stock can be tokenized, from issuer-authorized tokens to the offshore derivatives that skip permission entirely. He makes the case for why transfer agents and issuers, not outside platforms, should control what gets tokenized, and relays Bullish CEO Tom Farley's warning that an unauthorized derivative of his own stock already lets insiders trade ahead of earnings. Host: 👉 Laura Shin - Founder, CEO and Host of Unchained - https://x.com/laurashin Guest: 👉 Carlos Domingo - Founder and CEO of Securitize - https://x.com/carlosdomingo This clip is from a longer conversation on who should have the authority to tokenize a public company's stock. Full episode here: https://youtu.be/QuM_Byq4W_E We go live twice every week - subscribe to catch it live. 👉 Cape: Your biggest crypto vulnerability isn't your wallet, it's your phone number. Cape is America's privacy-first mobile carrier that rotates your SIM identity daily and blocks SIM swaps before they happen. Get 33% off your first six months at https://cape.co/unchained (use code: UNCHAINED). Chapters: 🧩 00:00 The three models of tokenized equity, starting with issuer-sponsored tokens 🏦 01:45 The DTCC model: tokenizing entitlements instead of real shares ⚠️ 03:11 Inside the offshore derivatives model, and the Netflix split it got wrong 📜 05:33 The Securities Transfer Associations' push for issuer authorization 🔑 06:19 Why offshore platforms find it easier to ask forgiveness, not permission 🚨 07:09 Tom Farley's insider trading warning about unauthorized Bullish derivatives 🌐 09:34 Why Domingo calls permissionless crypto's ethos a convenient excuse ⚖️ 10:40 Could Securitize go after copycat tokens in other jurisdictions? _______________________________________________________ #bitcoin #ethereum #crypto #cryptocurrencies _______________________________________________________ Subscribe to our channel! Website → https://unchainedcrypto.com Unchained Daily Newsletter (FREE!)→ https://unchainedcrypto.beehiiv.com/subscribe/ Unchained X → https://x.com/unchained_pod Apple → https://podcasts.apple.com/us/podcast/id1123922160?ls=1 Spotify → https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w RSS Feed → https://feeds.megaphone.fm/LSHML4761942757 Unchained: Your no-hype resource for all things crypto!