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SEC’s Hester Peirce: “Tokenisation Isn’t Magic—Tokenised Shares Remain Securities”

  • Hester Peirce, head of the SEC's crypto taskforce, cautioned market participants that tokenization does not change the security status of underlying assets.
  • Peirce emphasized the importance of adhering to securities laws for tokenized assets and suggested issuers consult with the SEC to clarify legal obligations.
  • She highlighted the risks associated with tokenized securities and reminded issuers and purchasers to be aware of regulatory requirements.
  • The tokenization of real-world assets has rapidly grown, with over $24 billion in tokenized assets reported, and projections suggest a potential market size of up to $30 trillion by 2034.

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