{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/4021599-009",
 "identifier": "kaal:claim:4021599-009",
 "text": "Securities tokens involve an underlying interest or function of the token to replace actual financial securities such as shares or equity in legacy businesses.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Wulf A. Kaal, Securities Versus Utility Tokens (2022). SSRN: https://ssrn.com/abstract=4021599",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Securities Versus Utility Tokens",
  "datePublished": "2022",
  "url": "https://ssrn.com/abstract=4021599",
  "sha256": "bb03790af46b3710e306121cfae25f850e3e7477e0f95313af42b9feeb6bc0c4",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202022%20-%20Securities%20Versus%20Utility%20Tokens.pdf"
 },
 "keywords": [
  "securities-law",
  "tokenomics"
 ],
 "about": [
  "securities-token",
  "equity",
  "financial-securities",
  "tokenization"
 ],
 "abstract": "In other words, securities tokens involve an underlying interest or function of the token to replace actual financial securities, such as shares or equity in legacy businesses.11",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "definitional"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "asserted"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": []
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/bac0ab0441249c0dbbc4a092bf06d985e00bd8164c3249d2310ec7b6b0ca2409.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": []
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "bac0ab0441249c0dbbc4a092bf06d985e00bd8164c3249d2310ec7b6b0ca2409",
 "canonicalForm": "https://wulfkaal.github.io/claims/4021599-009.md"
}