Tokenized Stocks: Who Owns the Share When the Register Sits on a Blockchain

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.The US Securities and Exchange Commission wants to allow the official share register to be kept on a blockchain. What the proposal of September 1, 2026 means for tokenized stocks and for your ownership.If you buy a tokenized stock today, as a rule you do not acquire ownership of the share itself but a claim against the provider that holds the real security for you. That is exactly where a proposal from the US Securities and Exchange Commission dated September 1, 2026 comes in: it would permit the official register of shareholders to be maintained on a blockchain. For the first time, the question is open whether a token can itself be the proof of ownership rather than merely its digital wrapper. The proposal is not yet law, and it applies to the US market. It matters nonetheless, because it touches the layer on which everything else is built: market infrastructure. Anyone who wants to understand the ownership question around tokenized stocks has to know first who keeps the regist...