What Are Tokenized Stocks? IMF Finds Real Demand as the SEC Opens a U.S. Path

Tokenized stocks are blockchain-based tokens that represent shares in companies such as Tesla, Nvidia and Alphabet, letting investors trade around the clock and buy a fraction of a share. The International Monetary Fund now has the data to show the demand is real, and that the risks are real too. In its October 2026 Global Financial Stability Report , the IMF found that more than half of tokenized equity trading happens outside regular U.S.