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Voting has mattered little for years, Bruce Fenton notes

Voting has mattered little for years, Bruce Fenton notes
CEOs raise issues over tokenized shares voting

Bruce Fenton questioned why many CEOs are now expressing concerns about voting related to tokenized shares. He said that voting has not been significant for years, as most shares are held by a small number of mutual fund companies that rely on centralized services for voting.

Fenton has previously raised questions about security in crypto, noting concerns over delegating all logins to bots. He has also argued that tokenizing low-volume micro cap stocks could help unlock value in illiquid markets. The CEO’s recent comments build on his history of challenging assumptions around control and participation in digital assets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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