Tokenized equities are one of the clearest examples of blockchain adoption in financial markets today. ↳ Wrapper: Token wraps equity held in an SPV (Special Purpose Vehicle). 70%+ of tokenized stocks use this model today. ↳ Entitlement: @The_DTCC is bringing existing securities onchain via @CantonNetwork. ↳ Issuer-sponsored: Companies issue stock natively onchain. @Securitize did it first at its NYSE listing. Favors @ethereum, @solana, and @avax. Read more from Grayscale Research on the Stack: https://www.grayscale.com/the-stack/the-evolution-of-tokenized-equities(Grayscale)