The Casino Behind the Barn: On Tokenized Shares and Corporate Panic
When corporate chiefs squawk about digital ledgers, look past their tears to see who owns the tollbooth.
American chief executives are wringing their hands over retail brokerages turning common shares into round-the-clock digital chips. Strip away the boardroom sanctimony, and the fight is about nothing more than territorial tolls and old-fashioned bucket shops.
Marcus Thornewood
September 12, 2026
8 min