SEC makes a big move: it will overhaul the decades-old transfer agent rules. Blockchain records, tokenized securities—everything will be written into new regulations.
This rule has been used since the 1980s and still applies today. It’s basically become an excavated relic. Now, regulators have finally admitted that securities have moved onto the blockchain.
What’s a transfer agent? Simply put, it’s the bookkeeper behind securities trading—who holds what, who trades what, all depends on it for registration. It sounds unremarkable, but the whole market can’t move without it.
In the past, this system was manual and slow. Settlement relied on fax, and records were paper-based. Now the SEC is proactively embracing on-chain recordkeeping—effectively giving tokenized securities the green light.
Don’t underestimate this step. When the rules change, another obstacle gets cleared for Wall Street to move stocks and bonds onto the blockchain.
Regulatory attitude has shifted from watching and waiting to taking real action. This is a long-term positive for the entire industry—not the kind of slogan that sounds good but means nothing.
What institutions fear most is unclear rules. When regulations are like fog and money won’t dare to move. Now the rulebook is being “made up” and clarified—so capital naturally is more willing to step in.
There’s also a detail worth savoring: this reform isn’t tearing everything down and starting over. It’s adding blockchain interfaces to the old system first—steady as the top priority. It shows the regulator has thought it through.
In fact, on-chain bookkeeping is transparent, auditable, and efficient. Regulators have no reason to keep pretending they don’t see it—it was only a matter of time.
Once these rules are changed, the supporting systems for custody, audits, and reporting will also be upgraded. The path for institutions to enter will be much smoother.
For ordinary investors, you may not see much “splash” in the short term. But once tokenized securities are rolled out, transaction costs and timelines will be very different.
Do you think tokenized securities can become mainstream in a few years? Let’s talk about your view.
Click the profile picture to watch the live stream.
Every day, I’ll help you track tokenization-related developments—more than just reporting what’s happening, I’ll also help you understand the logic and opportunities behind it 👉🦖
#代币化 #SEC