According to Reuters, the World Federation of Exchanges (WFE), an industry organization for major global stock exchanges, has sent a letter to the U.S. SEC Crypto Assets Special Working Group, the European Securities and Markets Authority (ESMA), and the IOSCO Fintech Task Force, urging regulators to strengthen oversight of 'tokenized stocks.' They stated that these mimic stocks without providing shareholder rights or market protection mechanisms, potentially harming investor interests and market integrity. #WFE