Alpaca recently joined the Issuer Sponsored Token Coalition with
@Bullish and
@Equiniti.
The Coalition’s early focus concentrates on a few practical problems:
✅ Rights and Protections: How issuer-sponsored tokens can retain the legal and economic characteristics of traditionally held shares, including ownership rights, corporate-action entitlements, and investor protections
✅ Interoperability: Shared technical and operational patterns so securities can move between traditional clearing and settlement infrastructure, blockchain networks, and newer entitlement frameworks without fragmenting the market.
✅ Adoption Infrastructure: The regulatory, operational, and commercial requirements around issuance, transfer, settlement, custody, and secondary trading.
✅ Ecosystem Growth: Convening issuers, broker-dealers, exchanges, transfer agents, custodians, market makers, and technology firms around an open, non-exclusive model.