Published Sep 9, 2026, 1:26 PM ET · Updated 2 months ago · 1 source
ERC20-only tokenisation cannot legally constitute a securities ledger; dual NFT/ERC20 is required
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Original Report
No ERC20-only tokenisation protocol can solve securities ledger issues because they lack the content to legally constitute a securities ledger entry, which is why the MetaLeX protocol is dual NFT/ERC20 so the chain itself can constitute the legally complete securities ledger of the issuer, opening up full programmability, composability and disintermediation.