The wave of tokenization in the US stock market is coming, and new players may join.

Recently, the tokenization of US stocks has become a new hotspot in the crypto market. Following the announcement by a well-known cryptocurrency exchange to provide tokenization services for popular US stocks to non-US clients, an executive from another large trading platform has also revealed similar plans. This trend is gradually becoming an attractive business opportunity.

Recent news shows that a well-known American internet brokerage may also venture into this field. According to insiders, the company is developing a blockchain-based platform aimed at allowing European retail investors to trade U.S. stocks. This platform may choose a certain well-known Layer 2 solution or a certain public chain as technical support, but the specific partnership has not yet been finalized.

This news has sparked widespread attention and speculation in the market. Some analysts believe that the brokerage may directly integrate a certain Layer 2 solution into the new platform as the foundational layer for its blockchain trading. Another possibility is that the company plans to develop a dedicated Layer 2 chain using a certain Layer 2 technology stack. Regardless of which option is ultimately chosen, this marks the brokerage's official entry into the U.S. stock tokenization field.

It is worth noting that the broker will soon make an important announcement at a significant blockchain conference, which has further intensified market speculation. At the same time, executives from a company behind a certain Layer 2 will also attend the conference, raising expectations that both parties may announce a collaboration simultaneously.

In fact, the brokerage's foray into the field of tokenization of US stocks is not a whimsical idea. Earlier this year, the company's CEO criticized the current US regulations for lacking a clear framework for the registration of security-type tokens, which hinders the promotion of tokenized products. He also candidly pointed out that overseas investors face many difficulties when investing in US companies. These remarks laid the groundwork for the company's latest developments.

From a technical perspective, a certain Layer 2 solution, being fully compatible with EVM, allows the broker to seamlessly migrate existing Ethereum smart contracts and development tools. Moreover, its Optimistic Rollup technology strikes a good balance between transaction confirmation time and cost, which is particularly important for platforms that need to handle large-scale user transactions.

From a business perspective, choosing a certain Layer 2 may also be to avoid direct competition with other cryptocurrency trading platforms. It is worth mentioning that the broker has previously had cooperation experience with a certain Layer 2, which lays a foundation for further deepening cooperation between the two parties.

However, there are also views that if the broker really chooses to build its own Layer 2, it may be seen as an imitation of the Layer 2 launched by a well-known crypto exchange. However, compared to other Layer 2 solutions, if the broker chooses to build its own Layer 2, it may be more inclined to take a "closed ecosystem" approach, migrating all existing financial products, assets, and users onto the chain, rather than relying on traditional centralized systems.

Regardless of the final choice of scheme, the participation of this brokerage will undoubtedly bring new vitality to the field of US stock tokenization. We look forward to seeing how this online brokerage will make its mark in this emerging market.