The U.S. SEC has reaffirmed that tokenized securities are still securities, regardless of their blockchain-based format. Commissioner Hester Peirce emphasized that platforms like Robinhood and Kraken, which are exploring tokenized U.S. equities, must comply with federal securities laws.
While acknowledging blockchain's potential to improve trading and capital formation, Peirce warned of risks like counterparty exposure and regulatory disclosure obligations. She encouraged firms to engage with the #SEC to develop compliant, modern frameworks for tokenized assets.
