Wintermute, a digital asset liquidity provider, warns the SEC about the need for clear tokenization rules to maintain U.S. competitiveness on the global stage.
Wintermute's Statement on Regulatory Necessity
Wintermute has sent a formal feedback to the SEC, highlighting potential risks facing the U.S. due to a lack of clear rules for tokenized assets. The submission outlines practical guidelines for future U.S. market growth.
Impact of Clear Rules on the Market
Regulatory clarity could enhance liquidity for tokenized assets and strengthen market structures. Ongoing bipartisan discussions may result in new regulations within months.
Global Perspective on Tokenized Assets
Data suggests that global tokenized real-world assets total approximately $28 billion. Regulatory clarity might boost U.S. market presence, enhancing innovation in blockchain technology.
Wintermute's appeal to the SEC highlights the need for clarity in tokenization regulation to maintain U.S. competitiveness amid a growing global trend towards tokenized assets.
