Suddenly understood the logic behind today’s big surge in the “big pie.” It’s because the SEC has officially cleared U.S. stocks for on-chain settlement!
A huge boost to the tokenization of U.S. stocks and the 24/7 trading process! The U.S. stock market worth over $7.7 trillion will kick off a five-year tokenized stock on-chain trading pilot!!!
The SEC isn’t just allowing platforms to issue a token that tracks the price of U.S. stocks; it’s allowing actual ownership of dividend rights, voting rights, and corporate interests in U.S. stocks to enter a public blockchain. This means blockchain has, for the first time, gained an official gateway into the U.S. core securities market.
A few days ago, the Clear Act vote failed, and the market had been worried that crypto regulation would once again get stuck in a political deadlock. But then the SEC directly used existing authority to roll out a five-year exemption—essentially telling the market: even if Congress can’t agree for now, the direction of putting U.S. financial assets on-chain won’t stop.
So today, BTC is rising—not just because of a regulatory headline. What the market is truly trading is that the positioning of the crypto network is changing. In the past, crypto assets were trying to get into Wall Street; now Wall Street’s stocks, capital, and trading systems are proactively moving into blockchain.
What they’re competing for is no longer just crypto trading volume, but the future entry point for on-chain trading of U.S. stocks! What the SEC has cleared isn’t just a batch of tokenized stocks—it’s the entire crypto industry’s entry into the core markets of traditional finance!