The debate over how the U.S. should regulate a potential market for tokenized equities is heating up as Wall Street's traditional finance (TradFi) firms clash with crypto executives over whether decentralized trading infrastructure should be treated in the same way as traditional exchanges, according to a Monday report by HSBC. Tokenization is the process of converting ownership of real-world assets, from stocks and bonds to real estate, private equity and even art, into digital tokens recorded on a blockc ...