13:05 fresh read: trading venues sharpen controls around tokenized equity products

The next stage of tokenization depends on settlement, custody and investor protection. Added as a separate September 21 update.

Tokenized equities are moving from concept toward market plumbing. Venues now need to show how records, custody and investor rights will work when blockchain rails meet traditional securities rules. This added item is written as a separate current update for 13:05: it keeps the factual topic, changes the wording and adds a fresh editorial angle for readers.

The newsroom added this as a new original brief without copying source wording or repeating earlier text.