Big moves in the US stock market 🔥 SEC gives DTCC a "pass"! Stock tokenization is really here 🧧
Who understands this, family! Today, the crypto + traditional finance circles exploded 📣
On December 12, the SEC officially loosened its stance, issuing a "no-action letter" to DTCC, allowing this US stock clearing giant to custody tokenized stocks, bonds, and US Treasuries on-chain, and also approved a three-year service period in one go! This move directly pressed the accelerator button for RWA (real-world assets) on-chain ⚡️
Some may not grasp the weight of this matter yet — DTCC is the "behind-the-scenes boss" managing the clearing of hundreds of trillions of dollars in assets globally, and now it's stepping in to do on-chain custody, which is equivalent to the core infrastructure of traditional finance directly interfacing with blockchain!
Moreover, this is not "starting from scratch" ~ Tokenized stocks are essentially still securities; it's just that the settlement layer has changed to blockchain, which neither departs from regulatory frameworks nor solves old pain points in traditional finance:
✅ Settlement speed jumps from T+1 directly to T+0 real-time, saving billions of dollars in costs each year
✅ Breaking the 6.5-hour trading limit, it might be possible to buy and sell US stocks 24/7 in the future
✅ Dividends and compliance checks can be written into smart contracts, automating everything for enormous peace of mind
Previously, I heard that Nasdaq was crazily pushing for the approval of tokenized stocks; now that regulation is paving the way and giants are landing, this trend really cannot be stopped 🚀 In the future, buying fractional US stocks with stablecoins and trading directly on-chain may go from concept to daily routine ~
Are there any friends who have been following the RWA track? Let's discuss whether this wave will change the existing financial landscape! #RWA板块涨势强劲 $DOGE
