Securities On-Chain? There's Only One True Way, Says BlackRock-Backed Firm's CEO
2025-07-10 20:16:43
Main Idea
The article discusses the SEC's regulatory stance on tokenized assets and the growing interest in tokenization among financial firms, highlighting examples like BlackRock's BUIDL fund and Robinhood's tokenized stock trading.
Key Points
1. The SEC emphasizes adherence to regulations for market participants involved in tokenized assets.
2. BlackRock's BUIDL fund and Securitize CEO Carlos Domingo highlight the benefits of native tokenization, such as no counterparty risk and direct on-chain representation of securities.
3. Robinhood and Kraken are experimenting with tokenized stock trading on networks like Ethereum, Arbitrum, and Solana, though U.S. customers are restricted.
4. OpenAI criticized Robinhood's tokenized stocks tied to its equity, clarifying it had no involvement in their launch.
5. The SEC hosted a roundtable on tokenization, reflecting regulatory interest and the potential for broader adoption despite existing restrictions.
Description
There’s only one way to truly represent securities on-chain, said Securitize CEO Carlos Domingo, and that’s through “native” tokenization.
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