[idiotsecant]

The real question is whether we even need stock exchange organizations if we can do it all on chain without them. I think the only thing you really need is someone to handle the stock ownership credentials in the event that legal action require involuntary transfers, that sort of thing. That could be a much smaller footprint organization, I think.

[pants2]

That's the promise of tokenized securities! Securitize + BlackRock are trying to make that happen. This should remove a lot of middlemen to the trading and settlement process.