Ondo Finance (@OndoFinance): Another defining week for digital asset adoption.
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Another defining week for digital asset adoption. SEC Chairman Paul Atkins declared "crypto's time has come," BlackRock announced plans to tokenize ETFs, and Nasdaq filed to enable tokenized securities trading. The trend is clear: tokenization is transitioning from innovation to infrastructure. Here's what happened.👇 1️⃣ SEC Chairman Paul Atkins says “crypto’s time has come.” At the Inaugural OECD Roundtable on Global Financial Markets, SEC Chairman Paul Atkins announced to the world: “Crypto’s time has come… We must ensure that entrepreneurs can raise capital on-chain without endless legal uncertainty. And we must allow for super-app trading platform innovation that increases choice for market participants.” https://t.co/Bm8jEICKFW 2️⃣ BlackRock explores tokenized ETFs. The world's largest asset manager, BlackRock, is exploring the tokenization of exchange-traded funds (ETFs) on the blockchain. The New York firm aims to tokenize funds linked to real-world assets, such as stocks, pending regulatory approval. https://t.co/SV2LM9Cs8n 3️⃣ Nasdaq files with the SEC to launch trading of tokenized securities. Nasdaq on Monday filed a proposal with the U.S. Securities and Exchange Commission to tweak its rules to allow for trading of listed stocks and exchange-traded products on its main market in "either traditional or tokenized form." https://t.co/pk4FfdYp6d 4️⃣ Tether launches USAT, US-regulated dollar-backed stablecoin. Tether, the company behind USDT, has announced USA₮, a new U.S.-regulated, dollar-backed stablecoin. Additionally, Tether has appointed Bo Hines, former Executive Director of the White House's President's Council of Advisers on Digital Assets, as the future Chief Executive Officer of Tether USA₮. https://t.co/jix5Tg5a1U