IMF, IOSCO discuss risks of financial product tokenization

The International Monetary Fund (IMF) announced it held a market finance meeting with the International Organization of Securities Commissions (IOSCO) to discuss the tokenization of financial products and the risks illiquid assets pose to retail investors. Attendees included regulators and industry figures such as U.S. Securities and Exchange Commission Chairman Paul Atkins, the Monetary Authority of Singapore (MAS), Circle, and Robinhood.