SEC Crypto Newsroom/
Tokenization Trending: Statement on the Division of Trading and Market’s No-Action Letter Related to DTC’s Development of Securities Tokenization Services
The SEC's Division of Trading and Markets issued a no-action letter to The Depository Trust Company (DTC) regarding its pilot program for tokenizing security entitlements of eligible securities held by participants.
medium impactbullish
Read the original report at SEC Crypto NewsroomWhy It Matters
It represents a significant step toward moving securities markets onchain by allowing DTC participants to transfer tokenized entitlements via registered wallets.