U.S. SEC Gives Implicit Nod for Tokenized Stocks
Analysis
Price Impact
HighThis is a landmark development as the u.s. sec has given an implicit nod for tokenized real-world assets (rwas) by issuing a no-action letter to a subsidiary of the depository trust & clearing corp. (dtcc). this signifies a crucial step towards institutional adoption of blockchain technology for traditional securities, potentially unlocking massive capital flows into the crypto space.
Trustworthiness
HighThe information is based on a direct report by coindesk regarding an official 'no-action letter' issued by the u.s. sec to the depository trust co. (dtc), a subsidiary of the dtcc, which is the world's largest securities settlement system. this is a verifiable regulatory communication.
Price Direction
BullishThe implicit regulatory approval for tokenized stocks and etfs from a major regulator like the sec will likely increase institutional confidence and investment in blockchain technology. this will drive demand for smart contract platforms capable of hosting and settling these tokenized assets, leading to a bullish sentiment for these specific cryptocurrencies and the overall rwa sector.
Time Effect
LongWhile the dtcc plans to roll out its service in the first half of 2026, the regulatory clarity and institutional validation provided by this no-action letter have significant long-term positive implications for the integration of blockchain into traditional finance and the growth of the tokenized rwa market.
Original Article:
Article Content:
Policy Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email U.S. SEC Gives Implicit Nod for Tokenized Stocks Clearing and settlement company the Depository Trust & Clearing Corp. said a subsidiary had received a no-action letter to offer tokenized real-world assets. By Jamie Crawley | Edited by Sheldon Reback Dec 12, 2025, 12:17 p.m. The SEC has granted implicit approval for the offering of certain tokenized stocks. (CoinDesk) What to know : The Depository Trust & Clearing Corp. said on Thursday that a subsidiary received a no-action letter from the U.S. SEC on offerings of tokenized real-world assets. The letter implicitly grants approval for the offering of certain tokenized stocks on approved blockchains for three years. The authorization applies to the constituents of the Russell 1000 index and exchange-traded funds tracking major indexes and U.S. Treasuries. The U.S. Securities and Exchange Commission (SEC) implicitly granted approval for some stocks and other securities to be tokenized and traded on blockchains. The Depository Trust & Clearing Corp. (DTCC), the world's largest securities settlement system, said on Thursday that a subsidiary, the Depository Trust Co. (DTC), received a no-action letter allowing it to offer a tokenization service on approved blockchains for three years. STORY CONTINUES BELOW Don't miss another story. Subscribe to the State of Crypto Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . Tokenization is the process of representing stocks, bonds and other real-world assets (RWAs) as digital tokens that can be bought, sold and traded on blockchains, with the aim of achieving greater efficiency and faster settlement. Some of the biggest names in traditional finance (TradFi), including JPMorgan and BlackRock , have developed projects in this area, demonstrating the potential institutional investment that they can draw to blockchain finance. The Depository Trust Co.'s authorization applies to the constituents of the Russell 1000 index, exchange-traded funds (ETFs) tracking major indexes and U.S. Treasuries. It plans to begin rolling out the service in the first half of 2026. A no-action letter is a formal response from the agency to a company stating that the regulator will not take any enforcement action for a proposed activity. SEC Tokenization Real World Assets More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You CFTC Gives No-Action Leeway to Polymarket, Gemini, PredictIt, LedgerX Over Data Rules By Nikhilesh De | Edited by Jesse Hamilton 13 hours ago The CFTC granted the operators of Polymarket, PredictIt, Gemini and LedgerX permission to skip certain recordkeeping requirements. What to know : The Commodity Futures Trading Commission granted several prediction-market firms certain regulatory leeway in meeting derivatives rules, suggesting they won't get into enforcement trouble if they do business as intended. The no-action letters went to Polymarket, PredictIt, Gemini and LedgerX/MIAX. Read full story Latest Crypto News Bitcoin's Volatility Meltdown: Crypto Daybook Americas 9 minutes ago YouTube Now Allows U.S. Content Creators to Get Paid in PayPal’s Stablecon: Fortune 19 minutes ago Crypto Markets Today: Bitcoin Stuck in Post-Fed Range as Altcoins Slump Deepens 54 minutes ago From Lockstep to Lag, Bitcoin Poised to Catch Up With Small Cap Highs 1 hour ago Standard Chartered, Coinbase Expand Crypto Prime Services for Institutions 3 hours ago Boring Bitcoin's Green Light Moment Incoming? 5 hours ago Top Stories XRP Lands on Solana, Ethereum and Others, in Boost for Ripple Ecosystem 7 hours ago Boring Bitcoin's Green Light Moment Incoming? 5 hours ago Stablecoins Get Backing From Cross-Party UK Lawmakers Urging Pro-Innovation Rules 6 hours ago From Lockstep to Lag, Bitcoin Poised to Catch Up With Small Cap Highs 1 hour ago Terraform's Do Kwon Sentenced to 15 Years in Prison for Fraud 14 hours ago Bitcoin, Ether Steady as AI Fears Send Oracle Tumbling Down, Traders Eye Next Wave of Rate Cuts 5 hours ago