欧洲证券及市场管理局报告：代币化股票或致流动性碎片化
PANews 9月13日消息，据 Ledger Insights 报道，欧洲证券及市场管理局（ESMA）最新发布的《2026年上半年趋势、风险与脆弱性报告》中，数字资产和预测市场占据了三个章节。关于加密资产，报告警告称，加密货币与传统金融部门联系日益紧密存在风险。关于代币化，报告指出，发行同一股票的不同代币化版本可能会导致流动性分散。至于预测市场，报告认为预测市场在欧洲尚未获得显著发展。这是因为主要平台尚未持有欧盟牌照，而大多数情况下，它们需要获得牌照。 欧洲证券及市场管理局 (ESMA) 概述了代币化的一些潜在优势，包括提高效率、扩大投资者准入、可编程性和原子结算。
ESMA report: tokenized stocks could fragment liquidity
PANews on Sep 13: Ledger Insights reports ESMA's H1 2026 Trends, Risks and Vulnerabilities report gives digital assets and prediction markets three chapters. On crypto, it warns of risks from tightening links with traditional finance; on tokenization, it says issuing different tokenized versions of the same stock could disperse liquidity; on prediction markets, it notes they have yet to gain significant traction in Europe since major platforms lack EU licenses generally required to operate. ESMA also outlines tokenization's potential advantages: efficiency, broader investor access, programmability and atomic settlement.