SEC Signals Readiness to Engage on Tokenized Securities, Says Commissioner Peirce
The U.S. Securities and Exchange Commission is adopting a more open stance toward tokenized securities, with Commissioner Hester Peirce urging issuers to engage in dialogue. "We are willing to work with people who want to tokenize," Peirce emphasized during a VIRTUAL appearance at Singapore's Digital Assets Summit, marking a notable shift in regulatory tone.
Practical challenges remain as traditional securities intersect with blockchain iterations. Tokenized assets—representing stocks, bonds, or other rights via digital tokens—now coexist with paper certificates and electronic records, raising questions about regulatory classification. "Depending on how things are tokenized, it could be one of many different things," Peirce noted, underscoring the need for case-by-case evaluation.
Institutional interest continues to drive the tokenization market, with major financial players exploring blockchain-based solutions to enhance liquidity and operational efficiency. The SEC's evolving posture reflects broader recognition of asset tokenization as an inevitable frontier in financial infrastructure.