COINDESK · 2026-10-29 03:21 UTC

Mystery Wall Street Journal ad sparks new fight over tokenized stocks

A mysterious full-page Wall Street Journal ad warned public company CEOs about stock tokenization risks and urged them to opt out within 30 days, following the SEC's approval of a temporary innovation exemption for tokenized stock trading venues. The ad was paid for by Common Sense Leadership Fund, a conservative nonprofit, with unclear ultimate financing; its QR code linked to Nasdaq's opt-out FAQ, though Nasdaq denied any connection to the campaign. Tokenization firm Securitize responded with its own full-page ad promoting regulated tokenization with investor protections, framing the…

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