Bullish, Equiniti, Alpaca, Apex Fintech Solutions, and DriveWealth have formed a coalition focused on issuer-sponsored security tokens. According to CoinDesk, this is the Issuer Sponsored Token Coalition, which plans to research technical standards, settlement, custody, and how securities move between existing market infrastructure and blockchain networks. The main focus is issuer-led tokenization, which is how stock tokens are linked to a company's official shareholder register. This structure is designed to preserve rights such as voting rights, dividends, and participation in corporate activities.
