Crypto promised to eliminate stockbrokers, but 94% of its tokenized market now relies on an Alpaca
Alpaca says it custodies greater than $1.5 billion of shares backing tokenized equities, which, by public tracker measurements, would signify most of the market. With DTCC making ready to launch its personal tokenization service in October and the SEC warning that third-party inventory tokens can expose traders to further possession and middleman dangers, the numbers…
