SEC Chairman Paul Atkins, in an interview on #CNBC , praised tokenization (the conversion of assets into tokens on blockchain) as a breakthrough, calling for the SEC to support the development of this market. He criticized old vague regulations and 'enforcement' management, emphasizing the goal of making regulations transparent so that businesses can confidently create new products. Atkins stated that the tokenization of U.S. stocks reduces costs, accelerates payments, and continues the T+1 process.
He also mentioned the tokenization of private companies like SpaceX, helping individual investors access the private credit market, although this is a complex field with low liquidity and difficult valuation. Atkins believes #Tokenization will enhance the efficiency of financial markets. This statement reinforces the role of blockchain, promotes DeFi, and expands investment opportunities for individuals, especially in the context of institutional capital inflow into crypto reaching $15.1 billion (CoinShares).
Risk Warning: Information is for reference only and is not investment advice.