SEC proposes major changes to the 50-year-old transfer agent rules. Under the new framework, distributed ledgers can directly serve as the official shareholder register for public company shares.

This means that the most core steps of stock entitlement, transfer, and registration are legally recognized as being recorded on-chain.

Wow, the last mile of tokenization has never been about technology—it’s about who holds the ledger. This step is now being loosened.

Along with the various moves on Wall Street recently, the RWA direction is being pushed by both regulators and the market at the same time.

#SEC #RWA #代币化 #监管