Tokenization: Do You Actually Own the Stock?

You bought a share of stock last week. Where is it right now?

Not in a drawer. Not in a safe deposit box. It's a line in a database somewhere, and most of us couldn't name the entity keeping it.

There's now a serious push to move that record one more time, onto a blockchain. It's called tokenization, and it's behind the headlines about trading stocks at 3 a.m. and settling trades in seconds instead of days.

In this episode, Karl Eggerss breaks down what tokenization actually is in plain English, the single question that separates real ownership from something that only looks like it, and why the most interesting part of this story has almost nothing to do with stocks.