The US Securities and Exchange Commission (SEC) continues to explore how to manage digital assets progressively. On April 24, this regulator held a meeting with Ondo Finance and the Law Firm Davis Polk & Wardwell to discuss Tokenisasi US shares.
Based on document officially, the main focus of the discussion between Ondo and SEC is the possibility of publishing and sales tokenized stock which represents US public companies.
“We submit this letter in accordance with the procedure of the commission for requests for meetings with Crypto Task Force To discuss our proposal related to the issuance and sale of Tokenisasi Stock representing the US public company, “said the document.
During the meeting, Ondo proposed the formation regulatory sandboxnamely limited space where new technologies such as tokenized stock can be tested under active supervision without violating applicable rules.
Tokenisasi Stock and its transformation potential
Tokenisasi Rwa (Real World Assets) Allows traditional instruments, such as stocks, to be represented in digital form in the blockchain. This opens great opportunities for investors to access shares in small denominations, without geographical boundaries or high costs.
However, this innovation also raises important questions related to legal compliance: will later be included in the category of securities? Should be re -registered to SEC? How to protect investors?
Sec ready to chat with the world of crypto, finally not just playing
Discussion between SEC and Ondo which discusses related topics tokenized stock Being an important first step to answer this complexity with a collaborative approach, not confrontative.
This is very significant considering the Tokenisasi RWA market predicted will jump up to US $ 100 billion this year and even up to US $ 30 trillion In the next few years, making this step very relevant for industrial development.
Positive market signal and new direction of regulation
The news of the meeting related to the discussion of US shares was immediately welcomed positively by the crypto market. Based on data Finally on platform Coinmarketcap, token Ondo jumped more than 20 percent and returned to penetrate level US $ 1 after previously stuck on US $ 0.8, with a market capitalization which has also passed US $ 3 billion.
However, this market reaction is not only related to price, but also reflects the trust in the Ondo Finance approach which is obedient to crypto regulation and serious in integrating digital assets with an official financial system.
This meeting became a strong signal that SEC began to open up to the future of digital finances. If the legal channels for Tokenisasi RWA are actually opened, the capital market landscape can change dramatically-becomes more efficient, global, and open to all. [dp]
