In April, Amazon Web Services entered a multiyear agreement with Aveva, a Schneider Electric subsidiary, to integrate Aveva’s CONNECT industrial intelligence platform into AWS infrastructure. The two companies will co-develop automation tools leveraging digital twins, predictive analytics and autonomous workflows to enhance operations for heavy industry clients.

The partnership aims to strengthen AWS’s foothold in the industrial software market by offering specialized cloud-based automation services. As companies increase investment in data-driven workflows, AWS could capture higher-margin enterprise contracts and expand beyond traditional compute and storage offerings.

Separately, the Securities and Exchange Commission proposed an innovation exemption that would allow third parties to tokenize existing securities without issuer approval. Under the rule, entities could issue synthetic tokens representing Amazon shares, bypassing corporate actions integration and transfer agent oversight.

Tokenization without issuer consent raises concerns about unlimited token minting, fragmented liquidity and compromised price discovery. Holders of synthetic tokens may lack voting rights and dividend entitlements, potentially undermining shareholder protections and complicating market regulation.