💠SEC Commissioner Paul Atkins argues that asset tokenization is poised to become a cornerstone of modern finance. Converting stocks and bonds into programmable blockchain-based tokens could accelerate settlements, reduce counterparty risks, and unlock new liquidity via fractional ownership. According to Atkins, major global banks may begin adopting tokenization at scale in less than a decade.
💠He also stresses that tokenized shares remain securities and therefore fall under existing regulatory frameworks. The SEC and CFTC are jointly developing clearer industry guidelines, while Atkins reaffirmed that Ether is not treated as a security given its foundational role in the DeFi ecosystem.