Brind.
  1. Major financial institutions, including Circle, Goldman Sachs, and BlackRock, participated in a DTCC tokenization pilot supported by the SEC.

SEC Pilots Tokenized Securities on Arc Blockchain with 5-Year Exemption Window

1 report, 1 independent Updated Sep 21
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

The U.S. Securities and Exchange Commission is leading a tokenized securities pilot framework that utilizes Arc, the Layer-1 blockchain infrastructure network developed by Circle. The SEC opened a conditional 5-year exemption window allowing select institutional venues to begin pilot trading of tokenized stocks directly on public blockchains.

From coindesk.com

Why it matters

Some supportBrind's analysis of the reports

This pilot framework involves the SEC utilizing Arc as a subscriber for its tokenized securities program. The initiative allows for the testing of tokenized assets within a regulated pilot environment, potentially setting precedents for future digital asset market structure.

Major financial institutions, including Circle, Goldman Sachs, and BlackRock, participated in a DTCC tokenization pilot supported by the SEC.

From coindesk.com

Who's involved

  • SECLeading the tokenized securities pilot framework utilizing Arc.
  • CircleDeveloped Arc, the Layer-1 blockchain infrastructure network used in the pilot.
  • ARCThe Layer-1 blockchain infrastructure network utilized by the SEC's pilot framework.
  • Goldman SachsParticipated in a broader tokenization pilot supported by the SEC.
  • BlackRockParticipated in a broader tokenization pilot supported by the SEC.

How it developed

Newest first. Tap a step to see who reported it.
  1. Bureau Veritas audited tokenized gold reserves related to the Arc blockchain built by Circle.Sub-event
  2. SEC is leading a tokenized securities pilot framework involving Circle's Arc network.1 source

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Part of

Major financial institutions, including Circle, Goldman Sachs, and BlackRock, participated in a DTCC tokenization pilot supported by the SEC.

Also in this story

All 5 developments

The entities involved

Coverage

Newest first; wire copies grouped