A storm is approaching! The SEC gathers financial giants to encircle DeFi, and traditional finance may be disrupted!

The U.S. Securities and Exchange Commission (SEC) will hold a groundbreaking cryptocurrency roundtable on May 12 in Washington, focusing on the integration prospects of 'tokenization' and 'decentralized finance (DeFi)'. Traditional financial giants, including BlackRock, Fidelity, and Nasdaq, will come together to discuss the future direction of the financial system.

This meeting, titled 'Assets on the Chain: The Intersection of TradFi and DeFi', is seen as an important barometer for the SEC in the field of blockchain regulation. The meeting will be open to the public and will be livestreamed. SEC Commissioner Hester Peirce stated that tokenization is a technological breakthrough that can disrupt the financial landscape and may reshape the entire capital market.

The meeting will feature two main themes: 'Capital Markets 2.0', hosted by Cravath, focusing on how tokens reshape financing models; and another session titled 'The Future of Tokenization', which will delve into the boundaries of regulation and innovation.

The lineup of participants is impressive: senior executives from BlackRock, Fidelity, Nasdaq, Invesco, Franklin Templeton, Apollo, and other institutions will publicly express their views, alongside innovative companies like Blockchain Capital and Securitize, symbolizing the fierce collision between traditional and crypto domains.

Additionally, the SEC announced that the special meeting on 'DeFi and the American Spirit' will be rescheduled from June 6 to June 9. Since March, the SEC has held several roundtable meetings covering core topics such as asset classification, trading mechanisms, and custody, revealing that the regulatory body is gradually softening its stance and seeking 'peaceful coexistence' with the crypto world.

This meeting could become a turning point: will traditional finance embrace DeFi, or will it ultimately be swallowed by it? The answer will soon be revealed.