๐จ CFTC JUST OPENED ANOTHER DOOR FOR TOKENIZATION
๐บ๐ธ CFTC staff have updated their crypto guidance, clarifying that regulated derivatives firms can invest customer funds in tokenized versions of already permitted assets.
The tokenized asset must provide the same or functionally equivalent legal and economic rights as the traditional asset, while existing liquidity, custody and other requirements still apply.
The CFTC also confirmed that qualifying firms can use blockchain technology to maintain regulatory records.
This is another major step toward bringing tokenization into regulated financial infrastructure.
RWA โข TOKENIZATION โข TREASURIES โข ETH
Wall Street is slowly moving from talking about tokenization to actually building around it. ๐
$PHA
$ZEC
๐บ๐ธ CFTC staff have updated their crypto guidance, clarifying that regulated derivatives firms can invest customer funds in tokenized versions of already permitted assets.
The tokenized asset must provide the same or functionally equivalent legal and economic rights as the traditional asset, while existing liquidity, custody and other requirements still apply.
The CFTC also confirmed that qualifying firms can use blockchain technology to maintain regulatory records.
This is another major step toward bringing tokenization into regulated financial infrastructure.
RWA โข TOKENIZATION โข TREASURIES โข ETH
Wall Street is slowly moving from talking about tokenization to actually building around it. ๐
$PHA
$ZEC
