SEC’s Crypto Assets Task Force Hosts Roundtable on Tokenization

The SEC’s Crypto Task Force has held a roundtable on tokenization, which is the fourth roundtable in its series addressing the regulation of crypto assets. A key focus of this roundtable was the use of asset tokenization as part of the convergence of TradFi (i.e., traditional finance, such as banks) with DeFi (i.e., decentralized finance on blockchain technology). Tokenization can be defined as the process of converting, through symbolic representation or encoded rule sets and attestations, something of value into a digital token that can be transacted on a blockchain.

For more information, see the roundtable speeches by SEC Chairman Paul Atkins as well as SEC Commissioners Hester Peirce, Caroline Crenshaw, and Mark Uyeda.