SEC Official Advocates for Modernized Tokenization Rules to Boost Market Development

SEC Commissioner Mark T. Uyeda has called for regulatory updates to accommodate blockchain-based asset tokenization, emphasizing its potential to modernize capital markets. Speaking at the 2026 Asset Management Derivatives Forum, Uyeda described tokenization as a tangible reality rather than a theoretical concept, citing recent SEC announcements as evidence of the commission's openness to innovation.

Uyeda argued that current SEC rules, designed for multi-intermediary financial processes, should be adapted to prioritize market needs over technological constraints. He advocated for technology-neutral regulations that focus on outcomes rather than favoring specific systems.

The commissioner highlighted blockchain's ability to streamline intermediaries in financial markets, suggesting that removing unnecessary barriers to tokenization could significantly accelerate market development. This stance reflects growing institutional recognition of digital assets' transformative potential in traditional finance.