6Institutional TransitionNewJun 23, 2026
Centralized Gatekeepers Retain Control Over Tokenized Stock Settlement Infrastructure

Analysis found that tokenized equity settlement remains routed through legacy centralized Wall Street infrastructure rather than decentralized rails, with traditional gatekeepers retaining control over investor access to tokenized stock products. Securitize and tZERO were separately engaged in patent litigation over tokenization technology, with Securitize filing a complaint against tZERO and asking a court to reject the claims as meritless.
Sources · 4
- Securitize asks court to reject tZERO’s ‘meritless’ tokenization patent allegationstheblock.co · T1
- COINDESK: Securitize and tZERO clash over patents as race to bring Wall Street onchain heats upcoindesk.com · T2
- Centralized Wall Street gatekeepers to control investors’ route into tokenized stocks through old pipescryptoslate.com · T2
- Securitize files complaint against tZERO over patent claimscryptobriefing.com · T2