๐บ๐ธ Urgent: Paul Atkins: DTC participants can now transfer tokenized securities directly to registered wallets, with tracking in official DTC records!
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๐ฃ๏ธ Main Statement:
โ SEC Chair Paul Atkins confirmed in a tweet today:
๐น "DTC participants can transfer tokenized securities directly to registered wallets, which will be tracked in official DTC records"
๐น "This is just the beginning", encouraging companies to experiment with innovation in tokenization
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๐ก Analysis:
โ Comes after a "no action" message from the SEC for DTC, allowing tokenization of assets like the Russell 1000 index, ETFs, and U.S. Treasury bonds
โ Expected launch in the second half of 2026, with secure transfers via L1/L2 blockchains, while preserving rights and protections
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โก Why does it matter to you?
โ Bridges TradFi and DeFi, enabling instant settlement and 24/7 trading of real-world assets (RWA), with increased liquidity and efficiency
โ A critical step towards tokenized markets, potentially boosting institutional adoption and driving crypto prices higher
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โDo you think this permission will transform U.S. financial markets into a fully blockchain-based system by 2026?
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