SEC Clears Path for Tokenized Securities

In a flurry of activity, the Securities and Exchange Commission (SEC) has taken decisive steps to integrate blockchain technology into traditional securities market infrastructure. First, in a media appearance, Chairman Paul Atkins publicly championed tokenization as the future of market modernization. Days later, the SEC’s Division of Trading and Markets issued a no-action letter allowing the Depository Trust Company to launch a pilot program for tokenized securities. The SEC also opened…
By: Katten Muchin Rosenman LLP