The Rollup founder Andy said a source reported that the U.S. SEC is preparing to adjust KYC requirements so users would only need to complete verification once to access on-chain tokenized securities. According to Odaily, the source also said the proposed arrangement could improve composability across different on-chain trading venues and tokenized platforms, allowing users to split orders and complete trades across multiple venues using a zero-knowledge proof-based identity system. The reported changes have not been officially confirmed by the SEC.