Bullish, Alpaca and Apex Fintech unite to advance issuer-backed tokenized stocks

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Crypto exchange Bullish, brokerage infrastructure firm Alpaca, and fintech clearing firm Apex Fintech have formed a coalition to promote issuer-backed tokenized stocks. The alliance seeks to connect blockchain-based shares directly to official shareholder records, ensuring regulatory legitimacy. The move follows a recent U.S. Securities and Exchange Commission innovation exemption that opened the door for tokenized stock trading. By anchoring onchain shares to verified issuer records, the group aims to bring greater transparency and accountability to the emerging tokenized securities market.

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