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Gibraltar Proposes Legal Framework for Tokenized Funds

Cointelegraph
Gibraltar has introduced legislation to legally recognize tokenized fund shares, granting them the same rights and obligations as traditional shareholdings.

Summary

Gibraltar has unveiled the Protected Cell Companies (Amendment) Bill 2026, which aims to legally recognize tokenized shares for protected cell companies operating as experienced investor funds. Under this proposal, blockchain-based share tokens will hold the same legal status as traditional share certificates, with ownership records managed via distributed ledger systems. To ensure security, the framework requires strict custody protocols, allow-listed wallet addresses, and mandatory disclosures regarding technology and cybersecurity risks, keeping the infrastructure within a regulated environment.

(Source:Cointelegraph)