from the poof-it’s-gone dept In all of our discussions about how the digital revolution has created a system in which people don’t actually own the things they think they’re buying, I get particularly frustrated by the lack of change in it all. We’ve spilled much ink complaining that this clearly anti-consumer practice needs to be done away with, where an unsuspecting public thinks they’re buying “a thing” only to learn months or years later that “the thing” they bought was actually a license to use/view/listen to another “thing”, and that license exists at the pleasure of the company that collected…

Securitize and Cantor Fitzgerald have partnered to support blockchain-based initial public offerings (IPOs) and follow-on equity offerings for listed companies, a move that could further expand the use of tokenized securities in traditional capital markets.The companies said Wednesday that they are developing a framework for primary issuances that would allow companies to raise capital through tokenized securities while remaining within the existing regulatory framework for public offerings. The framework would support both IPOs and follow-on, or secondary, offerings, in which already public companies issue additional shares to raise capital.Under the agreement, Securitize will provide the tokenization infrastructure used to issue,…

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