US SEC clarifies tokenized securities under federal securities law
According to the US Securities and Exchange Commission (SEC), issuers may offer tokenized securities either as a separate class of assets or alongside traditional shares. Importantly, if a tokenized security is essentially equivalent and provides substantially similar rights and privileges, it may be regarded as the same class for certain purposes under federal securities laws, regardless of its format.
Source 2bitcoins
This clarification confirms that tokenized assets will remain regulated and receive appropriate legal status. This approach balances financial technology innovations with investor protection.
At the same time, it promotes the integration of blockchain technology into traditional financial markets, offering new opportunities for issuers and investors alike.
Since 1934, the US SEC has regulated the issuance and trading of securities to ensure market transparency and participant protection. These updated positions on tokenized securities show the regulator’s intent to adapt laws to technological advancements.
In conclusion, recognizing tokenized securities as an equivalent class to traditional securities lays the groundwork for broader adoption of digital assets in the US financial sector.
Stanislav Nikulin expressed his position that the SEC is effectively removing one of the key uncertainties surrounding tokenized securities. He says that the regulator makes it clear that the form of storage or accounting for an asset is secondary; the main thing is the economic essence and the rights of the investor. If a token provides the same rights as a traditional stock or bond, it is subject to the same rules.
This is an important signal for the institutional market: blockchain is no longer perceived as a “gray area” but as a technological tool within the framework of current financial legislation. In the long term, this could significantly lower the barriers to tokenizing real assets, increase liquidity, and accelerate the integration of digital solutions into traditional US financial markets.
This development highlights the growing acceptance of blockchain technologies within established financial regulations and opens new prospects for the expansion of digital financial instruments in the near future.
