Tokenization push moves from stocks into private equity as both sides build the rails

The rush to put shares on blockchains is spreading past listed stocks into harder assets like private equity and pro sports stakes, which have long been tough for ordinary people to trade. Wall Street exchanges and crypto platforms are both building the plumbing, and US regulators just eased the rules by exempting some tokenized-stock venues from older restrictions. What was a pilot last year is turning into real market infrastructure.