US SEC Chair: DTC participants can now directly transfer tokenized securities into the registered wallets of other participants

Jinse Finance reported that Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), stated on the X platform that the U.S. financial markets are about to transition on-chain and will prioritize innovation and actively adopt new technologies. The SEC has issued a no-action letter to the U.S. Depository Trust & Clearing Corporation (DTC). On-chain markets will bring greater predictability, transparency, and efficiency to investors. Now, DTC participants can directly transfer tokenized securities into the registered wallets of other participants, and these transactions will be officially recorded and tracked by DTC.