transfer agent

American  

noun

1. a person, bank, or trust company officially designated to act for a corporation in executing and recording the transfers of its stock from one legal owner to another.

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Example Sentences

Securitize will become NYSE’s first digital transfer agent, which allows it to create shares for stocks and exchange-traded funds as digital tokens on a blockchain, the distributed ledger technology behind bitcoin and other cryptocurrencies.

From The Wall Street Journal • Mar. 24, 2026

The two companies will design a digital transfer agent program, including a set of standards for other transfer agents to issue and manage stocks as blockchain tokens in a compliant way.

From The Wall Street Journal • Mar. 24, 2026

It is the largest mutual fund transfer agent, and largest hedge fund and private-equity fund administrator.

From Barron's • Jan. 23, 2026

Growing shareholder activism has generated opportunities for Mizuho Trust and other major trust banks as they expand beyond their traditional stock transfer agent business in search of new revenue drivers such as corporate governance consulting.

From Reuters • Nov. 10, 2022

This Exchange also requires that a trust company or other agency shall not at the same time act as registrar and transfer agent of the same corporation.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur