Bullish and other organizations have established the Issuer Sponsored Token Coalition to promote the tokenization of stock related shareholder rights

Bullish, Equity, Alpaca, Apex Fintech Solutions, and Drivewealth established the Issuer Sponsored Token Coalition on September 24th to promote direct association between on chain tokens and the official shareholder roster of listed companies. The alliance aims to grant token holders the right to vote, distribute dividends, split shares, and take other corporate actions, and to research technical standards, settlement, custody, and interoperability between traditional market infrastructure and blockchain. The members plan to meet with the issuer of the listed company on the New York Stock Exchange on October 27th. (Source: Bitcoin.com News)