《The Boom Behind Stock Tokenization: Who’s Making Money and Who’s Doing the Heavy Lifting?》 (Author: Decentralisedco, Translated by AididiaoJP, Foresight News) Stock tokens are trending, but the issuers aren’t making money: the profits are hidden in applications and collateral. Those allowed to mint are the ones profiting. Minters arbitrage between stocks and tokens: buying the cheaper side, converting it to the other side, and selling it to bring prices back to parity. Different issuers vary in terms of who can mint, where to sell, and what holders can do. They all buy stocks through Alpaca. Binance, Robinhood, and Coinbase have their own exchanges, so they sell tokens directly to their customers. But what’s even more interesting is that the composability of on-chain stocks makes financialization easier, with credit becoming cheaper and more accessible. Read the full article: https://www.(wublock123.com)/articles/article-59700