U.S. SEC Gives Implicit Nod for Tokenized Stocks

The Depository Trust & Clearing Corp. (DTCC) announced that its subsidiary, the Depository Trust Co. (DTC), received a three-year no-action letter from the U.S. Securities and Exchange Commission (SEC). This letter implicitly approves the offering of a tokenization service on approved blockchains for assets including constituents of the Russell 1000 index, index-tracking ETFs, and U.S. Treasuries. Tokenization represents real-world assets as digital tokens for more efficient trading and settlement on blockchains. The DTC plans to start rolling out this service in the first half of 2026. A no-action letter signifies that the regulator will not pursue enforcement action against the proposed activity.

(Source：CoinDesk)