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filza

06/23 16:08Haussier

The SEC delayed tokenizing stocks, and here’s why

The SEC delayed tokenizing stocks, and here’s why that’s a reliefAfter two decades building systems that evolved from reactive to cognitive – first at VMware with mobile device security, now in compliance infrastructure for digital asset markets – I've seen that following the rules isn’t the same as preventing catastrophe. So, when the SEC delayed its plan to allow tokenized U.S. stocks last week, my first reaction was relief, not frustration. Michael Burry, the investor who called the 2008 crisis, immediately warned that the plan could trigger a systemic disaster. He's right, but not for the reasons most people think. The problem isn’t tokenization itself. It’s that we’re about to tokenize the world’s most liquid markets with legacy compliance systems that aren’t built for real-time execution. Currently, there is always a lag of one to two days between when a trade is executed and when it is fully settled. As we move towards real-time execution, we need compliance systems that evaluate trades in real time, especially if they are intended to support the transfer of tokenized U.S. equities. #World Cup Predictions: 100,000 USDT Daily #HTX Invites You to Share 600K USDT in Gift Packs #BTC Prophet: 20-Day 380 Million HTX Challenge
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