Wall Street Tycoons Gather at SEC, Tokenization May Trigger a Financial Revolution!

On May 12, the U.S. Securities and Exchange Commission (SEC) will once again stir up a storm in the regulatory world as its cryptocurrency special working group holds a significant roundtable meeting focused on the theme of 'Tokenization - Transferring Assets on the Blockchain.' This public meeting, which focuses on the intersection of traditional finance and DeFi, will not only feature top Wall Street institutions such as BlackRock, Fidelity, Nasdaq, and Robinhood but will also be globally live-streamed through the SEC's official website, destined to attract thousands of viewers.

SEC Commissioner Peirce has publicly stated that tokenization could 'completely change the game rules.' From asset tokenization to regulatory responses, from the embryonic form of Capital Markets 2.0 to the outline of future financial architecture, prestigious law firms like Cravath and WilmerHale will host the event, with viewpoints ready to collide.

In addition to the main venue's overwhelming popularity, the SEC has also announced the postponement of the previously scheduled 'DeFi and the American Spirit' meeting from June 6 to June 9, allowing more time for discussion. The crypto roundtable series has explored topics from classification, trading, and custody, releasing a strong signal: the SEC is ready to co-author the next chapter of the crypto world.