Yesterday, the SEC’s Innovation Exemption opened a path for tokenized stocks with full shareholder rights. Synthetics are excluded. At this week’s @avax Summit, @GrahamFergs joined @TheBlockCo to explain Securitize’s native approach: the token is the security itself.

Tokenization reaches the mainstream when the buyer no longer needs to be a crypto user. At the @avax Summit, Securitize CEO @carlosdomingo joined @therollupco to explain why demand beyond crypto can take tokenized assets from billions to trillions.

The CLARITY Act failed to advance in the U.S. Senate today, falling short of the 60 votes needed to move forward. We are disappointed by this outcome: legislation would future-proof crypto policy in the U.S. However, this does not affect how tokenized securities will operate in the U.S. They already fall within the federal securities framework, and Securitize has spent years building regulated infrastructure for issuance, transfer agency, trading, and fund administration of real securities onchain, not synthetic or derivative versions of them. Furthermore, we expect the SEC and CFTC to proceed with agency rulemaking that will advance crypto and other policies. While not as durable as legislation, we anticipate a path forward in the most critical areas will be forthcoming. We will continue to support the CLARITY Act and other efforts to establish durable market-structure rules for crypto. We will also continue working with lawmakers, regulators, issuers, and market participants to further advance the ecosystem for tokenized securities in the U.S. Clear legislation can give institutions greater certainty across administrations. In the meantime, Securitize will continue building the infrastructure that brings securities and capital markets onchain. Tokenize the World.

The @avax Summit kicks off tomorrow in New York. Join our CEO @carlosdomingo for “Tokenization at Scale: Rewiring Wall Street” at 10:50 AM, then continue the conversation at our cocktail reception at the Après Bar at 4:30 PM. Tokenize the World.

Demand for tokenized assets is broadening. Crypto institutions are already allocating, with retail emerging as a major new source of growth. @SecuritizeGiang explains why Securitize focuses on institutional grade supply and a growing investor base.

Investors should benefit directly from more efficient markets. Our President @Observatory13 joined @Unchained_pod to discuss how tokenization can enable instant settlement, borrowing against a wider range of assets, and broader access to global markets.