Citadel Securities is urging U.S. regulators to slow down on efforts to expand trading of tokenized securities, warning that the move could rattle equity markets and confuse investors. In a letter to the SEC’s Crypto Task Force, the market-making giant raised concerns about allowing blockchain-based assets to gain ground without clear regulatory guardrails. Tokenized securities — which can be traded around the clock, settled faster, and broken into fractional shares — are gaining traction, with platforms like Gemini, Robinhood, and Backed Finance rolling out offerings. Citadel argued that without proper oversight, ... (full story)