During a recent House Financial Services hearing, Securitize CEO called for clearer digital asset regulation. Chairman of the Digital Assets Subcommittee, Rep. French Hill, highlighted the potential of tokenization to leverage blockchain efficiency and transparency to modernize US markets. He noted that capital markets currently suffer from inflated costs, stranded liquidity, and siloed markets. DTCC's Head of Digital Assets also testified, emphasizing the significance of tokenized assets and blockchain technology. Rep. Timmons also participated, discussing Real-World Assets and their representation on-chain for more efficient markets.
🇺🇸Digital Assets Subcommittee Chairman French Hill- "Tokenization can leverage the efficiency and transparency of blockchains to help modernize US markets". He noted that "capital markets suffer from inflated cost, stranded liquidity, siloed markets, and high barriers to… https://t.co/5GHjziS83M
DTCC's Head of Digital Assets testified before @financialcmte @fscdems on #TokenizedAssets today. This is an important 5 minutes in the history of blockchain. And its the beginning of the beginning for #Chainlink. Anyone who tries to discount the importance of DTCC or CCIP to… https://t.co/28p9e7yJbd https://t.co/UgcJghRvWL
Real-World Assets (RWA) have been a key topic for years! I believe many assets will be represented on-chain, creating more efficient and transparent markets. Thank you, @RepTimmons, for your leadership on tokenization and for joining our member meeting today. https://t.co/5KTGD78ycc
At today's Digital Assets Subcommittee hearing, Chairman @RepFrenchHill explained that "tokenization can leverage the efficiency and transparency of blockchains to help modernize US markets". He noted that "capital markets suffer from inflated cost, stranded liquidity, siloed… https://t.co/zRsKxvRjeY
Securitize CEO calls for clearer digital asset regulation in House Financial Services hearing https://t.co/DXGosF4gSe