🏦 U.S. markets are preparing for the transition on-chain…

SEC head Paul Atkins said that U.S. financial markets are "ready to switch to on-chain", the regulator supports the introduction of tokenisation and settlements in the blockchain.

The statement was made after the SEC issued a "no action" letter to the DTCC subsidiary, allowing the launch of a pilot tokenisation service.

✍️ DTCC plans to tokenise assets, including the Russell 1000 index, ETFs on major indices and U.S. Treasury bonds.

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