#ProjectCrypto Key Objectives & Mechanisms**
#### **Tokenization of Real-World Assets (RWAs)**
Project Crypto prioritizes **tokenization**—creating blockchain-based digital representations of assets like stocks or commodities. Major platforms (e.g., Robinhood, Kraken) already offer tokenized equities internationally, and the SEC now seeks to integrate these into U.S. markets. BlackRock CEO Larry Fink endorses this as part of a "technological revolution" in finance.
#### **"Super App" Integration**
The SEC will streamline licensing for **multi-functional apps** (e.g., Coinbase’s newly launched super app) that combine trading, payments, and social features. This addresses the fragmented user experience that hindered Western adoption compared to Asian platforms like WeChat.
#### **Regulatory Sandbox & Task Force**
A **Crypto Task Force**, led by Commissioner Hester Peirce, will implement recommendations from the *President’s Working Group on Digital Asset Markets*. This includes creating an "efficient licensing structure" to fast-track compliant projects.
