Adoption Remains Gradual

The addition of Computershare and Equiniti improves operational readiness, but issuers and brokers move cautiously under the SEC’s five-year pilot. Tokenized stocks become a parallel infrastructure experiment rather than a near-term replacement for existing equity-market settlement and transfer processes.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.