SEC Chair Discusses Tokenization and On-Chain Securities Migration
SEC Chairman Paul S. Atkins highlighted the growing shift of securities from traditional databases to blockchain-based systems during a roundtable discussion in Washington D.C. Drawing parallels to the music industry’s transition from analog to digital formats, Atkins emphasized how tokenization unlocks innovation by enabling seamless transfer, modification, and storage of assets on-chain.
The movement mirrors the disruptive potential seen in audio digitization decades ago, suggesting a similar transformative impact on capital markets. No specific cryptocurrencies or exchanges were directly referenced in the excerpt, but the broader implications for blockchain-based asset representation were underscored.