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SEC Is Willing to ‘Try’ a Tokenized ETF, Chairman Says: Report

U.S. Securities and Exchange Commission Chairman Jay Clayton (John Lamparski/Getty Images)

SEC Is Willing to ‘Try’ a Tokenized ETF, Chairman Says: Report

Securities and Exchange Commission (SEC) Chairman Jay Clayton said the regulatory body’s open to the idea of a tokenized exchange-traded fund (ETF), according to a report by Decrypt.

  • “We’re willing to try that: our door is wide open,” the report quoted Clayton as saying in a webinar yesterday with the Digital Chamber of Commerce.
  • While Clayton’s statements expressed a willingness to explore the idea of tokenized stocks, the report also noted recent actions by the regulatory body that the day those ideas becoming reality is still a ways off.
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