Aaron Kaplan: Synthetic Tokenized Stocks Harm U.S. Investors — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Aaron Kaplan, founder of Promethum, writes that U.S. markets succeed because investors trust that whoever owns a share owns it fully.
- Kaplan argues that synthetic tokenized stock models "cheapen" that trust, shortchange U.S. investors, and undercut the issuer-led capital markets model.
Why it matters: The op-ed frames synthetic tokenization as an attack on the ownership-trust foundation of U.S. capital markets, but the excerpt names no specific products, issuers, or quantitative data — positioning the piece as a values-based argument rather than a documented market development.
Ask SkimNews
