AMC Criticizes Tokenized Stocks as Kraken and Bullish Expand Offerings

AMC has expressed opposition to tokenized stocks, yet Kraken and Bullish continue to advance in the sector. Kraken's parent company, Payward, has formed new partnerships with SoFi and the London Stock Exchange to facilitate global 24/7 access to tokenized equities through xStocks. Meanwhile, Bullish has completed a $4.2 billion acquisition of Equiniti and executed its first tokenized-share trades on a GFSC-regulated platform.