According to ChainCatcher, the chairman of the United States Securities and Exchange Commission (SEC), Paul Atkins, announced on platform X that American financial markets are ready to transition to on-chain systems. This change will emphasize innovation and the adoption of new technologies. The SEC issued a no-action letter to the Depository Trust & Clearing Corporation (DTC), allowing DTC participants to directly transfer tokenized securities into the registered wallets of other participants. These transactions will be officially recorded and tracked by the DTC, promising greater predictability, transparency, and efficiency for investors.