SEC unveils proposed rules to enable blockchain use in securities issuance, share transfers and recordkeeping

The SEC's proposed rules signaling support for blockchain-based securities issuance, transfer, and recordkeeping reduces regulatory ambiguity around tokenized capital markets. This can accelerate adoption of on-chain settlement and compliant tokenization infrastructure, improving institutional comfort with public smart-contract platforms and related services. Near-term, the news is supportive for cryptoassets most leveraged to tokenization and securities workflows, as regulatory risk premia may compress.