Feb. 1 at 12:15 PM
$SANP OTCM is working with the SEC to make tokenized stocks legally equivalent to real securities by requiring 1:1 backing with actual shares, issuer authorization, use of transfer agents and CUSIPs, and full KYC/AML compliance. The goal is real securities on blockchain, not unregulated “wrappers.”
The SEC has reaffirmed that tokenized stocks are still securities and must follow existing law, but it is now allowing regulated pilot programs. A major shift is that DTCC/DTC has been approved to run a tokenization pilot, signaling official testing of blockchain settlement for real securities rather than outright rejection.
Overall, tokenization is not being banned; it is being pushed into regulated frameworks with growing institutional involvement (DTCC, Nasdaq, transfer agents). OTC markets may become a testbed.
Bottom line: The narrative is shifting from “crypto vs. SEC” to “tokenization under SEC rules.” Progress is slow and bureaucratic, but real and structural—not hype.