Hey Founders,
Remember those sessions a couple years back when our viewers kept hitting on "the old financial pipes breaking open" and "real-world stuff moving onto chains"? We talked about it feeling like a slow thaw—banks and regulators inching toward tokenization, with big institutions finally bridging the gap between Wall Street and blockchain.
I do, because it stuck with me. And now? It's happening, right on cue.
Just this week, the SEC handed the Depository Trust & Clearing Corp. (DTCC)—the massive backbone that custodies trillions in stocks, bonds, and Treasuries—a no-action letter. In simple terms: They're officially allowed to tokenize high-liquidity assets like Russell 1000 stocks, major ETFs, and U.S. Treasuries on approved blockchains for the next three years. It's a pilot, sure, but as SEC Commissioner Hester Peirce put it, it's a "significant incremental step" toward moving markets on-chain.